The Tax Battle that Led to the Bottle

Propeller-Head Wonk Watch: As Polly howls in pain this morning at the Brown/Darling rhetorical U-turn on tax, which she correctly recognises has razed the ideological ground ahead of Brown as he retreats, who should we credit for her torment. Osborne? Well yes, but why did he select inheritance tax and stamp duty as tax cutting priorities?

Matthew Elliott’s Tax Payers Alliance relentlessly highlighted the unpopularity of these particular taxes in the non-ideological language that practical politicians understand. They commissioned an ICM poll in August 2006 revealing that “significantly raising the threshold for inheritance tax, or abolishing it” was the second most popular cut after cutting Council tax. This September their YouGov poll confirmed that inheritance tax was perceived as being the most unfair tax of all and was the third most popular tax to be reduced, marginally behind lowering council tax and raising the tax-free personal allowance.

The poll findings made a deep impression on the Shadow Treasury team, proving that tax cuts could once again be a popular vote winner, giving Osborne the confidence to make the announcement that has turned around Tory fortunes. As Osborne takes the battle glory, remember who fired the opening shots…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Alan Sugar on Jeremy Corbyn:

“It’s clear you alluded to students refunds to get votes from young impressionable people. You are a cheat and should resign.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Exclusive: New Government Appointments in Full Exclusive: New Government Appointments in Full
Corbyn Deletes Another Wrong Tweet Corbyn Deletes Another Wrong Tweet
Everything is Awesome for Manufacturing Everything is Awesome for Manufacturing
HMT Predictions Way Off HMT Predictions Way Off
#DespiteBrexit: A Classic of the Genre #DespiteBrexit: A Classic of the Genre
Hat-Trick of Brexit Good News Hat-Trick of Brexit Good News
Guido’s Student Debt Story on Standard Front Page Guido’s Student Debt Story on Standard Front Page
Watch: Shadow Minister Makes Student Debt Promise Watch: Shadow Minister Makes Student Debt Promise
IPSO Throws Out Baroness Scotland Complaints IPSO Throws Out Baroness Scotland Complaints
100% Inheritance Tax: Stupid or Evil? 100% Inheritance Tax: Stupid or Evil?
Paul Mason’s Play in 60 Seconds Paul Mason’s Play in 60 Seconds
Sunday Shows Sunday Shows
City Confident as Hiring Rates Rocket City Confident as Hiring Rates Rocket
Watch: Best Maiden Speech of 2017 Intake Watch: Best Maiden Speech of 2017 Intake
Child Protection Investigation ‘Stalled to Help Labour’ Child Protection Investigation ‘Stalled to Help Labour’
Davis Accepts Donations from Top Blairite and TV Remainer Davis Accepts Donations from Top Blairite and TV Remainer
BBC #NotOnTheList Stars Paid Via Production Companies BBC #NotOnTheList Stars Paid Via Production Companies
Pants-Wearing Councillor Boasted He Had “Vaz in My Right Pocket” Pants-Wearing Councillor Boasted He Had “Vaz in My Right Pocket”
Champion: ‘Not Possible’ to Keep Student Debt Promise Champion: ‘Not Possible’ to Keep Student Debt Promise
BBC Rich List Revealed: Salaries In Full BBC Rich List Revealed: Salaries In Full