You've had your cuts and now you want growth. Here's how. First raise the threshold of income tax to £10,000 - that will shut up little Cleggy. Then abolish that silly tax rate of fifty per cent which it makes it more profitable to save on tax than to earn more money. (And incidentally deters people from coming here to do business.) The minimum earnings rule must go. If we raise the bottom rung on the ladder of opportunity how how can the young unemployed climb to the deck of that great ship of state which is sailing to the broad sunlit uplands? Thirdly, abolish differential rates of income tax and replace it with a flat rate - say 25% with the aim of reducing it to 20%. Then everyone would work for the state for one day a week and could keep all the money earned in the next four days. There's fairness for you. Now let's get on with it,
This will not happen in our sclerotic country where change is anathema to our politicians and most other people. How sad.
Tears are round; the sea is deep;
Roll them overboard and sleep.
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