Understanding Tory Finking on Tax

Guido really likes Danny Finkelstein, he is amusing company, always courteous and a little spiky – in a good way.  He is nevertheless the poster boy for all that is wrong with Tory policy ambitions on tax and spending.

Whenever Tim Montgomerie, Fraser Nelson or Guido have had a go at him he responds in kind.  Invariably we have failed to understand the subtlety of his argument, overlooked some caveat or research data.  Danny usually says he agrees with our end objectives, just not our timing.  Fink insists that he is by preference a tax cutter, yet he never seems to advocate tax cuts within a time-frame.

So a few questions for Danny:

  1. This question is about the politics of tax cutting – if, as you argue, voters don’t believe specifics about tax and spend, does precision matter less than conveying a sense of direction?
  2. Do you actually believe that, all things being equal, lower tax economies are higher growth economies?
  3. You say “I believe strongly in lower tax. But I want proper tax-cutting, based on real reform of the scope and operation of the state.” Presumably you want a smaller state.  What then is your broad aspiration for the size of the state expressed as a proportion of nominal GDP?  How many years do you think it might take a Conservative government(s) to get us from where we are now, to where you want to be?

Guido thinks it is important to understand Danny’s political aspirations and what his underlying thinking  is because he is the Cameroon who most publicly makes the case against committing to tax cuts.  He gives cover to a somewhat sheepish Tory Treasury team afraid to make the case for growth.

Like a shell-shocked First World War veteran Danny is suffering post-traumatic stress from years in opposition sat in the CRD trench with George Osborne.  This is 2010, not 2001 Danny, this time the enemy will be defeated.  It is possible to not just advance mere inches towards dividing lines as a result of endless tactical re-positioning, but to drive out your enemy from the territory, establishing and holding a new ideological frontline.  The poverty of Tory ambition is palpable, it is not enough to defeat the enemy, capturing their ground only to continue governing in much the the same way.  Guido suspects Fraser Nelson’s upcoming Keith Joseph Memorial Lecture* will call not just for the capture of the enemy’s dividing lines, put to push the enemy back to Kirkcaldy once and for all.

*February 3, Centre for Policy Studies, Fraser Nelson “Winning is not Enough”.




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

Quote of the Day

Shadow Education Secretary Angela Rayner:

“We have no plans to write off existing student debt.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
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
Torbynista Greening Loses Fight for New Money Torbynista Greening Loses Fight for New Money
New Labour Spinner Boasted of Bullying Angela Eagle New Labour Spinner Boasted of Bullying Angela Eagle
Remainers Behind Smears and Negative Briefings Remainers Behind Smears and Negative Briefings
Byline Fined For Defamation in First Impress Ruling Byline Fined For Defamation in First Impress Ruling
Freedom From Abuse Not Abuse of Freedom Freedom From Abuse Not Abuse of Freedom
Milne & Blonde Pictured in Restaurant Milne & Blonde Pictured in Restaurant
Corbyn Spends Evening With Assad Loving Genocide Denier Corbyn Spends Evening With Assad Loving Genocide Denier
Osborne Defends Blackrock’s Investment on Front Page Osborne Defends Blackrock’s Investment on Front Page
Taylor Review Hijacked by Union Sock Puppets Taylor Review Hijacked by Union Sock Puppets
Assange Lawyer Named as Milne’s Mystery Blonde Assange Lawyer Named as Milne’s Mystery Blonde