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The truths they don't want you to read....

Monday, October 08, 2007

Brown denies polls changed mind

Gordon Brown - knackeredYeah! Right!

All the ducks were being lined-up - as I prophesied a long time back - to maximise the options, and then the Tories pulled the rug from under him with their promise on Inheritance Tax.

Incidentally, IHT is the easiest tax to avoid, with some planning and foresight, and about the most punitive if you do nothing.

George Osbourne appealed directly to the greed of middle-England (by which I mean those sitting on large increases in house prices, where ever they live) yet hit a brilliant re-distributionist button in taxing the non-domiciled, albeit a nominal amount.

Perhaps - hopefully - we'll get into a bidding war to tax the non-domiciled and Shock! Horror! they may end up paying a tax rate not dissimilar to that paid by everyone else in the UK.

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