HM Treasury Deletes Appeal for Ideas After Guido Offers One

The Treasury swiftly deleted a tweet appealing for ideas about how to make business “more productive” when it didn’t like Guido’s answer: to simplify national insurance and income tax into a single unified income tax. Social media mandarins acted when they realised Guido’s reply was on its way to going viral. Tweeters were quick to welcome it:

Incidentally on an average £27,000 salary your payslip would show a pay rise to some £31,000, with £9,000 deducted in merged tax, a marginal rate of some 45% on taxed income. Government is all for hearing ideas for increased productivity, except when they show how overtaxed you are…




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Quote of the Day

Stephen Bush writing in the New Statesman‘s morning briefing…

“The terrifying truth is that the Opposition is too divided – within the parliamentary party, within the trades unions, within the Shadow Cabinet and even within the leader’s office – to be anything other than a veto player as far as Brexit goes, and the party’s whole gambit is really about trying to make that weakness look like a strength. Keir Starmer saying that Labour is “increasingly likely” to vote down the deal is simply a reflection of the fact that the one thing the Labour party will be able to agree on as far as Brexit goes is that Theresa May’s deal is no good.”

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