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August, 19th 2007

More Europeans going anti-tax...

– Liz Mair

Yup.

It appears that the Tories are contemplating cutting taxes, including the inheritance tax, which is (in my opinion) the stupidest tax going in Britain (various studies have shown that it costs more to administer it than it actually brings in, but yet it is kept because, one presumes, it signifies redistribution, even if it doesn't result in it).

Labour is calling this a lurch to the right. As far as I am concerned, that's a good thing.

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