Policy

JANE CLIFTON: Soaking the rich – a taxing issue

Jane Clifton
Fri, 11 Sep 2020

Jane Clifton
Fri, 11 Sep 2020
In taxation terms, it has never been a better time to rob Peter to pay Paul, because poor old Peter now can’t run away before it happens.Even a Peter so loaded as to be able to summon a private jet would probably stay put because there are few safer places to be than here, and covid-19 strikes with more extreme prejudice than the taxman has ever done.Even so, the government has again disappointed its core constituency by declining to soak the rich. It has opted merely to dampen the hems of their garments – and even then, many money-...

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