As the Chancellor prepares his post-election Budget, he faces an obvious opportunity. Throughout the last general election campaign, we heard from a great many people advocating higher taxes. And it’s not all vindictive: many, like the writer Polly Toynbee, would actually be liable for a higher tax on the 1pc. A significant number of wealthy people in Britain do actually want to give the government more of their money and at present, there is no easy way for them to do so. Strikingly the singer, Charlotte Church, recently declared that:
“I have paid all my tax since I was 12 years old, and I would certainly be happy if the rate was 60 per cent or 70 per cent. I wouldn’t move away, I wouldn’t have an offshore account.
That would be totally fine, for better infrastructure and public services and more of a Scandinavian model, which I see as far more progressive than the way we are, I would be absolutely fine with that.”
So: let her.
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