Now here’s a thing: a radio appearance by Alan Johnson that actually clarified some
details about Labour’s economic policy in the Miliband era. Sure, the shadow chancellor spent most of his time on the Today
Programme setting about the coalition’s VAT hike, with all the usual arguments about jobs and growth. But there was also confirmation that Labour’s deficit reduction plan would split 60-40
between tax rises and spending cuts, and that they would raise national insurance levels rather than VAT.
It repositions the argument some way beyond the simple Do/Don’t divide that was developing around VAT. Now there are two choices for voters to make. Do they prefer a deficit reduction plan which, for the first time, emphasises tax hikes over spending cuts? And do they prefer to effectively be taxed on their spending power (via national insurance) rather than their spending (via VAT)? These are questions of such basic heft that they will no doubt persist until the next election.
Get Britain's best politics newsletters
Register to get The Spectator's insight and opinion straight to your inbox. You can then read two free articles each week.
Already a subscriber? Log in
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in