New Labour just like Old Labour

The Times reminds us that

'LABOUR’S new 50% tax on high earners will leave Britain with the highest income-tax rates in the G8, just a year after the UK had the second lowest in the influential grouping.

It will have the joint highest personal tax alongside Japan among the world’s leading economies.

Analysis by Ernst & Young, the accountants, also found that just four of the 30 countries in the Organisation for Economic Co-operation and Development (OECD) will have higher tax rates than the UK when the new top tier is introduced in April.'

13 years of Labour government and the UK is back being an overtaxed, over-regulated, economic basket case and once again a Conservative government will have to take the unpleasant, unpopular but necessary decisions and so have the hatred of the liberal elite and the great unwashed unleashed against it.