




| Labour "will not increase taxes" |
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| Written by Dr Madsen Pirie |
| Saturday, 13 March 2010 08:00 |
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The Institute for Fiscal Studies has already said that Labour cannot deliver this. They say that there will have to be tax rises or even deeper spending cuts than those already trailed, or both. City experts are already spelling out the scale of tax rises Labour will have to impose simply to keep its current spending proposals. In fact Brown has taken Britain from being one of the low tax countries of the EU to one of its highest, from being an attractive place to do business to being one which businesses are deserting. He has corrupted the honesty of the system by his use of stealth taxes which people do not realize they are paying. Of course Labour will raise taxes. It is what they do. They favour government spending because they can control and direct it, rather than have us spending on ourselves in ways they can neither predict not control. One can readily imagine Brown trying to brazen it out, "and that is why I have allocated an additional £427m of resources to secure the reduction of 21,000 taxes, directed at the most needy elements of society..." Fortunately the false promise of no Labour tax increases , the latest of many, is unlikely to be put to the test. Parties which do not expect to be elected have few restraints on the glib promises they can make. |
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"There is no art which one government sooner learns of another than that of draining money from the pockets of the people."
The Wealth of Nations, Book V Chapter II Pt II
"What improves the circumstances of the greater part can never be regarded as an inconveniency to the whole. No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable."
The Wealth of Nations, Book I Chapter VIII
The Adam Smith Institute is the UK’s leading libertarian think tank. It engineers policies to increase Britain’s economic competitiveness, inject choice into public services, and create a freer, more prosperous society. For more information, click here.