Oh dear – it looks like Labour’s new non-dom policy is unravelling already. Everyone knows that Ed Balls did not abolish non-dom status while in government because he knew that people would scarper. So it would lead to less revenue, less money from the rich – and, ergo, a greater share of the burden to be paid by the poor. So it sounds progressive, but is actually regressive.
Balls now denies ever holding such a belief. But Mr S has come across an interview he gave to BBC Radio Leeds just 13 weeks ago:-
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