High taxes are not morally superior
The budget is right for this time, but tax rates are still too high and infrastructure spend too low to successfully build on our achievements
It’s easy to forget how far we’ve come. Over recent years, I’ve spent a lot of time talking to international commentators. In the depth of the crisis, every major global news outlet had a keen interest in our plight.
This week, a group of international journalists were again in town, but the story has changed dramatically. The numbers now speak for themselves. Strong growth, plummeting debt levels and falling unemployment mean we are ...