Tag Archives: Darling

Darling’s last pre-Budget report

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The earliest post on this blog is from 24 November 2008 on the benefits of low taxation (actually the blog wasn’t public until nearly a month later, on 17 December, but that was the oldest surviving test post). In it I suggested that the temporary VAT cut probably wasn’t that good a measure, and that
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The benefits of low taxation

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Today Alistair Darling will announce that Labour have finally seen the benefits of low taxation. Or has he?  The BBC is currently reporting an expected temporary reduction in VAT to 15%, along with the introduction of a new higher rate tax band and the postponement of various other changes.  In other words, we’re increasing taxes, not
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