The fundamental direction of travel is correct though. But it needs to be less ambitious and delivered by somebody else. I agree on the maths and the daft idea that tax breaks for business investment is a bad thing.SpinningHugo wrote:The £5bn figure from the 50p tax band is similarly just made up (and demonstrably wrong).Tubby Isaacs wrote:Corbyn's recycled the £120bn tax gap figure, I see.
This comes from one person, Richard Murphy. It's not like its peer reviewed or anything. HMRC have tax gap at £34bn.
This is "pick the number that suits my argument" stuff.
Same sort of stuff the Scottish Government did.
See
http://waitingfortax.com/2015/07/22/jer ... ome-maths/" onclick="window.open(this.href);return false;
Burnham does have charisma and might be able to make a less extreme version sellable. Maybe Yvette Cooper could finally be given the shadow chancellor job she should have got in June 2010. The trick will be to find a brief where Kendall disagrees with the Tories enough for her to get the gig.
Chuka is however over.