21 March 2007


OK, it's neutral and tight – but boy, what a headline act: 2p off the basic rate of income tax.

It's true that most of that comes from abolition of the 10 per cent lower band, and I'm not entirely convinced about the benefits of doing it – but it's good enough to stuff Cameron, which I like, and with everything else taken into account it's redistributive from rich to poor, which I like more.

And even with my excessive booze and fags habits I'm told by the BBC ready reckoner that I'm £68 a year better-off. So I'm voting Labour next time, no problem.

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