Sod the 50% rate. Concentrate on the borrowing

Uncategorized 22 April 2009 0 Comments

This is not a soak-the-rich budget, and the portion of it which would actually tax the rich hard will raise just over a billion in revenue – that’s against a £650 bn borrowing spree. This is an attempt to sweeten the deal for the sort of people who trade on the politics of envy – [...]

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