According to Winston Churchill, “There is no such thing as a good tax”. He could very well have been referring to the draconian changes to Non-Doms and Stamp Duty, which are now costing the Treasury £3billion per year. One could play a game of ‘Fantasy Infrastructure’ and ponder how many hospitals and schools could be bought for this humungous amount of money.
The omnipresent, politics of envy, represents the pinnacle of socialist utopian thinking, managing to be both expensive and inefficient at the same time. Like all caring, sharing lefties, Labour governments can’t wait to get their greedy hands on other peoples’ stuff so that they can whittle it away. The hapless, former Chancellor Osborne succumbed to this practice in 2014, when he caved into the usual Labour clamour about ‘soshul justis ishoos’. Continue reading