Tag Archives: public finance initiative

Paul Reynolds

Opinion: subtexts rule! (or, why the subtexts of the budget and new roadbuilding plans are more important than the headlines)

By Paul Reynolds | Tue 27th March 2012 - 4:52 pm

This last week has demonstrated that a sailing ship without a destination will… well… just drift with the wind.

During this last budget week the Tories, under pressure from their backbenchers, reduced the 50% rate of tax for higher earners. Under the principle of Collective Cabinet Responsibility, Lib Dem ministers defended the change, implying that this concession has been granted in return for broader anti-avoidance tax measures for the better off, and the next step in the reduction in the number of lower earners paying income tax. BIS Minister Vince Cable weighed in dutifully with facts and figures showing that the …

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Posted in Op-eds | Also tagged , and | 3 Comments
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Recent Comments

  • Chris Williams
    All well and good, but what is a fascist? What are their policies? And are they on the right, left or both? You need to be able to identify your enemy in order ...
  • Andrew Moore
    I'm with Jana on this one. Fascism is defined (Cambridge Dictionary) as: 'A political system based on a very powerful leader, state control of social and econ...
  • Steph
    Great article and a very important topic! To add an important point of clarity relating to Britain's treaty obligations to prevent genocide, it is important to ...
  • David Evans
    Jana, Spot on. Too often people on the illiberal left and even worse many people who chose to describe themselves as progressive adopt the word fascist to des...
  • Chloe
    Exactly Jason ; It needs to be called out on all sides. Numerous videos of Young Bob online being attacked by students who've little in the way of any coherent ...