You do not make the poor rich by trying to make the rich poor. High tax societies do less well than sensible tax societies. Societies that welcome in rich people and companies and give them some freedom do better than societies that let jealousy rule. Cuba and Venezuela show what poverty socialism can breed. France has just demonstrated under Mr Hollande that high personal taxes lead to a flight of talent out of the country and less growth and prosperity, forcing him to cut the rates.
By Steve Parkhurst, Senior Editor, USDR.
Looking at the news and opinion out of London each day.
The pound scrapped. Grammar Schools too. Lord McCluskey in charge. The nightmare of a Miliband Government.
I believe we’ll win. But I could be wrong. So all this could be only a few weeks away…
The latest British teen girls to join Islamic State are not ‘missing’ – they’ve joined a murderous cult of their own volition
Allegations that Jack Straw and Malcolm Rifkind were involved in the latest ‘cash for access’ scandal is a reminder of the threat that lobbying poses to both the reputation of parliament and politics. In 2011, as Liam Fox was caught up in the Adam Werritty scandal, The Spectator examined how the lobbying industry works and how it threatens to skew our democracy
It’s strategists are chasing the disaffected working class and the media is starting to write libertarianism out of the party script.
In a direct comparison between Ed Milliband and David Cameron, the Prime Minister wins. But he lacks conviction as a leader
Job numbers are good; tax revenues are not. But which matters most?
Plus: Good on McVey. Bad on Putin. Arm the Baltic States. Circumcision is barbaric, full stop. The original Peter Oborne. And: Channel 4′s Leni Reifenstahl UKIP drama.
How can the Labour leader preach to David Cameron about tax-dodging donors when one of his own stands accused of promoting “tax avoidance on an industrial scale”?
Voters may suspect that Conservatives only care about those at the top – but falling unemployment helps those stuck at the bottom.
The Prime Minister visited a primary school in Chester last week. Our political commentator went with him to see how the pre-election campaign was going
As Esther McVey, a Conservative minister, says she’d like to be PM, James Kirkup wishes for more plain-speaking politicians
It’s a modern form of One Nation Conservatism. Harold Macmillan would have liked it.
The weight of his new charge – that fewer truths are now told by the mainstream media – is greater than the evidence that supports it.
The UK debate has been depressing during and after the deep recession of the last decade. There has been much discussion of how to share the diminished income and output, with rather less talk of how more people can own more and participate more fully in the economic life of our country. Recently there has been enthusiastic discussion of how to tax rich people and companies more, with no discussion of how more people can be well off and more can own and run their own successful companies.
Tim Montgomerie and Stephan Shakespeare’s new project is a radical, inventive and long-termist injection into Conservative thinking.
Veterans of Eurozone crisis summits, hoping for another nail-biting drama, had queued to get ringside seats. But yesterday’s meeting over Greece with Eurozone Finance Ministers ended without result. And you shouldn’t be surprised.
The Opposition would threaten economic chaos.
Yanis Varoufakis has overplayed his hand and Greece will have to make a deal to stay in the eurozone
Mats Persson says Greece’s Syriza government will have no choice but to cave in and accept a deal to remain in the single currency
Sensible people want to hear from their politicians during an election about the plans and intentions they have for the next five years, if chosen to govern. People are quite interested in examining the record of leading parties in power, so there does have to be some discussion of the past to help form impressions of whether a party in government is broadly helpful, reliable and good at handling crises.
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