After a wave of criticism, Alistair Darling’s said to be considering a rethink over the Treasury’s non-dom tax proposals. He’s right to do so – the current plans are a mess – but it’s likely to just increase the speculation surrounding Darling’s job. After all, his Chancellorship has been little more than a series of copied polices followed by a series of embarrassing retreats.
Gordon Brown spent his time in No. 11 taxing-and-spending the economy into a hole (figures yesterday revealed that Brown’s spree cost the economy at least £14 billion), but at least he did it with conviction…
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