Tory MP, maverick but bright spark John Redwood during a debate on the pointless Fiscal Responsibility Bill earlier this week: "The best way to tax the rich – I would like to tax the rich more as well – is to cut the tax rates, because we then have more rich people in this country who pay more tax, because it is less worthwhile to pay for all the accountancy advice to get around it, and venture more of their money. [thus far, standard Redwood stuff]
[Here’s the grim but resonant bit] "This morning I spoke to a successful entrepreneur who told me: "I’m on strike. I was a successful entrepreneur. I sold my company because the climate was becoming so hostile in this country. I managed to sell up before the crash. I have no intention of going back in because they’re making the climate even more hostile-I’ll sit on my backside and do nothing for a bit." There must be many like him. Your views, please.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.