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Whatever happened to Tory tax-cutters?

A quick thought for ye – why do we hardly hear a peep from the UK Conservative Party any more about tax cuts and the importance therof in spurring entrepreneurship…not to mention the moral case for such cuts. Has that party, the party that once bravely slashed the insane top rate of income tax from near-100 percent to a more tolerable but still-too high 40 percent, totally given up the fight? Shadow Chancellor Michael Howerd has said nothing on the subject.

Truly pathetic. And yet, contrary to conventional wisdom, I reckon that an aggressive tax-cutting agenda linked to a wholesale critique of our monopolistic public services like health care and education could reap dividends. By buying the Blairite idea that tax cuts equals putting granny on the streets and letting little Johnny without enough teachers, the Tories are playing straight into socialist hands. Come on you pathetic Tories, take a slide on the Laffer Curve!

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