Posts tagged as:

George Osborne

Tax the Rich, Until They Go Galt Anyway

November 29, 2012

The United States isn’t the only country operating under the delusion that it has a revenue problem.  The UK, a country whose welfare state is even more bloated than ours, thought the same thing when it decided to increase taxes on its wealthiest citizens to 50 percent.  Predictably, the tax didn’t solve the non-existent revenue [...]

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Old Labour Is New Again

November 25, 2008

Gordon Brown’s Labour Government threw a political Hail Mary yesterday when it proposed raising taxes in a slew of areas, including a 60 percent rate on top earners, coupled with borrowing levels Britain has never seen before. With his party badly trailing the Conservatives in the polls, the idea was to copy Barack Obama’s playbook [...]

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