One of my favourite songs is called “I can’t stand up for falling down” and that certainly seems to be the position that the Coalition holds with at least some sections of the BBC. (I suppose even the very word “Coalition” has a certain significance for the BBC has a disturbing tendency to allege that this is purely a Conservative government, thus giving the Lib-Dem element a degree of helpful cover when it comes to certain policies. Furthermore even if the Lib-Dems DO get dragged into the discussion, Saint Vince is sure to be given an easy ride as that wise sage that people really should listen to!)
Anyway, the topic here is tax. The BBC has been to the fore in suggesting that this is a Government for “the rich” what with that reduction in the 50% top tax rate. Naturally any reduction in tax rates is guaranteed to produce howls of leftist outrage and the BBC has been quite prepared to indulge and advance these. The Government then tries to re-balance this by ensuring that “the rich” can’t hive up some of the income to charities and thus reduce their tax bill. Cue howls of outrage from charities and the BBC rides in. Did anyone catch the 8.10am interview with Exchequer Secretary to the Treasury, David Gauke MP? He was given a pretty rough ride by a viscerally hostile Naughtie (a bit like being savaged by a sheep though) and all because the Coalition was trying to close off a tax avoidance loop hole. Zac Goldsmith was deployed as the voice of reason, and of course Saint Vince was given an honourable mention! The Government can’t win. If it reduces tax for the wealthy, that is an outrage. If it closes off tax loopholes for the wealthy, that is an outrage! Is there a way forward?
Earlier @ 7.23am the BBC ran an item on the French Presidential election with a decided nod in favour of the Socialist candidate Francois Hollande. You can tell they are dreaming of a victory for the man who has declared that if elected he will impose a 75% tax rate on those pesky “top earners”. If only the Coalition would follow such a path to fiscal wisdom.
PS I was also intrigued to hear Naughtie declare that a socialist victory in France would be interesting against a background of centre-right European governments? Huh? Since when did the Big State big Spending EU become “centre right”?