Monday 19 March 2007

Tax Simplification

Like me, you probably don't much care what a prostitute-visiting cokehead thinks about anything, even if (again, like me) you do find it amusing that he is what passes for "diversity" in the Cameron Shadow Cabinet, since he went to Saint Paul's rather than to Eton. But tax simplification is not actually his idea.

And it is a good idea: flat rates of income tax and corporation tax, with only a much higher basic allowance, which I'd set at national median earnings for income tax, and at the amount necessary to pay every employee a much higher minimum wage for corporation tax. A simplified benefits system would give everyone an income not lower than half national median earnings.

Along with so much else, this would easily be affordable from the closure of so many loopholes (all of them, in fact) for Cameron's and Osborne's freeloading overclass. Which is why it will never actually be done by Cameron, or Osborne, or anyone else from that overclass's all-party New Labour Project. Yet another reason why we, the British People, need to be building new parties of our own.

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