Friday 5 July 2024

No change here

It did not take long. The Financial Times having spent much ink over the past few months explaining how taxes are going to have to go up if we want better public services, are now spending ink on all those people working hard to make sure that they don't go up in my back yard.

Where is the moral equivalent of the parson in his pulpit reminding us of our Christian duty every Sunday morning? Of the community pressure to conform?

I associate to all those people who say they are all for, who want, for example, lots of new houses and new prisons - but not anywhere near me.

Also to a colleague from my young days, older and wiser than I, who said that the best thing to do about taxes was to pay what was due. On the on one hand, don't worry about the morals and equity of it all, that is a matter for the government. On the other, don't try and duck out of it. Just pay what it says on the front of the tin and don't go grubbing around in the small print on the back.

References

Reference 1: How to protect your wealth from future Labour tax raids: Advisers plot ways to ‘Labour-proof’ clients’ finances after landslide victory - Claer Barrett, Rafe Uddin, Emma Agyemang, Financial Time - 2024.

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