Are Conservatives serious when they bang on about the high marginal tax rate of people at the bottom end of the income scale and its symbolism as a failure of the “big state”, as David Cameron referred to on Thursday and William Hague repeated on Any Questions? I ask this because this “tax rate” –… Continue reading Poverty, marginal tax rates and the big state
John Harris wonders why the Liberal Democrat party faithful seems so incapable of defining what the Liberal Democrats stand for, unlike the masterful Vince Cable. A clue may come in the fact that the party’s core message on the economy has changed in a significant way on at least eleven separate occasions over the last… Continue reading The Liberal Democrat post-credit crunch economic policy. A blow by blow account.
From the FT today: A bond to raise up to Â£360m for transport, schools and other local services will be proposed by a north london borough as it looks for new ways to raise money. The “Barnet bond” would provide as much as half the Â£733m the London suburb says it needs to improve its… Continue reading Bonding in Barnet