Politics keep intruding in the wee small hours of the morning.
What a sclerotic nation we are. Nothing really changes as we tinker with existing institutions, then congratulate ourselves for doing sometning radical. But we nee radical changes now as Boy George finds his plan for reducing the deficit in tatters. He wanted 'cuts' followed by 'growth' only we have not got growth. |So here is a radical plane for growth. Pay attention, Chancellor.
1. Abolish the fifty per cent top rate of income tax.
2. Abolish the rules about minimum earnings levels.
3. Raise the income tax threshold to £10,000
4. Introduce a flat rate of tax of 25%.
There. That should get things moving by doing away with the poverty trap, half the personnel of the Inland Revenue and many many accountants. (Actually the Chancellor was very enthusiastic about the flat tax but that was before he was nobbled by treasury officials.)
It will not happen because nothing much ever does happen. Sclerosis sets in again. How sad.
I only heard half of it but what was the Today programme doing to play Billie Holiday singing "Strange Fruit" yesterday? "Southern trees bear a strange fruit; Blood on the leaves and blood on the root". It is difficult to believe that there was once a fuss about it being disparaging of the Deep South of America. There at least is something that has changed. Bravo!
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