Brown’s proposal to increase the top rate of income tax from 40 to 45% shows that he is retrenching into class warfare. As the severity of his self-induced economic crisis kicks in he realises that come the next general election the best he can hope for is his core vote. That motley lot now consists of the dogmatic extreme left and the scroungers who think it just that hardworking families pay for their lifestyle on benefits and TV.
Brown wants to make the rich pay. He does not hesitate to ditch his previous claims to be the party of aspiration. If aspiration is helped and results in social mobility – the aim of Conservative policies – then everybody would be a potential top rate tax payer. Not so under Brown whose policies keep the little man firmly in place. Social mobility has substantially decreased under the socialists.
The 45% income tax would raise very little money - as even Denis Healey admitted in The Telegraph. It proves that Brown’s intention has nothing to do with funding state coffers but everything with declaring class warfare. The rich rarely pay the top rate – because the amounts involved justify paying tax experts to reduce their tax bill. The only ones who will pay Brown’s 45% income tax are the middle classes. So Conservatives should feel encouraged: Brown’s tax promise proves that he has given up hope to win the middle class vote. New Labour is as dead as a dodo.
While Brown harks back to a nasty past Conservatives fight for a better future. Socialist re-distribute the pie; Conservatives make the pie grow. Tax cuts, reducing the size of government, cutting red tape, and re-introducing the free market will make everybody better off – as it has done in all times and in all places. Mass prosperity in peace instead of mass poverty in class warfare. The politics of aspiration versus the politics of envy.
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