With the news that many more people will be liable for inheritance tax than previously and more people are now paying the top rate of income tax, I enjoyed Richard Littlejohn's take on it in the Daily Mail:
Gordon Brown has been comparing himself to Churchill (as well as Gandhi).
I look forward to his first prime ministerial broadcast. "We shall tax on the beaches, tax on the landing grounds, we shall tax in the fields and in the streets."Never in the field of human taxation, has so much been owed by so many.
"I have nothing to offer but tax, tax and more tax."
Posted by James Bartholomew • Indexed in Tax and growth
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The paper I referred to in my speech can be found at http://www.ifs.org.uk/mirrleesreview/press_docs/rates.pdf
Posted by: James Bartholomew at July 2, 2008 01:00 PM
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Dear James,
I was in the audience for the Intelligence Squared debate, and greatly enjoyed it; congratulations.
One question - do you have a link (or title, or author) for the Institute for Fiscal Studies paper you used? Their website is terrible to search, and I can't find it.
Richard
Posted by: Richard Teather at July 2, 2008 11:55 AM