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And Finally

Andrew Flint takes a sideways look at the tax world

 
Andrew Flint takes a sideways look at the tax world
 
Not many people enjoy having their money taken away and given to someone else.
 
Persuading them that such a thing might actually be in their own interests is not easy. Perhaps the foundations of the great edifice of the redistributive welfare state could only have been laid after a bout of collectivism as powerful as the Second World War. Who knows? What is certain is that the swing of the pendulum to individualism in the Reagan-Thatcher years made it necessary for an ostensibly socialist Labour party to shift its ground in order to become electable. Shackling itself to Tory spending plans and junking Clause 4 seemed to do the trick...

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