How Fragile We Are, How Fragile We Are

(With apologies to Sting).

You know it's getting to you and you're going down in flames when you start bursting into tears for no good reason.

Get a grip, Ken.

Romney For President

So Rick Santorum has thrown in the towel. My man wins as I wanted. So what next:

1. The General Election has now started. Obama v Romney will start clashing daily.

2. Gingrich and Paul need to be told to poke off. They are now a distraction sapping energy out of the main effort. My guess is they will be forced to desist.

3. Who will the running mate be? Needs to be a conservative Southerner. Christie? Santorum? Perry?

Stuck

So...as I predicted here...I was right. We are well and truly stuck on the 45% top rate of tax from today's news. Well anyway until after a possible Tory win in 2015. And where does that place us in the international league table then?

Sweden - 56.6%
Belgium - 53.7%
Denmark - 52.2%
Netherlands - 52.0%
Japan - 50.0%
United Kingdom - 50.0% (old rate)
Austria - 50.0%
Finland - 49.0%
Germany - 47.5%
Ireland - 47.0%
Australia - 46.5%
Canada - 46.4%
Iceland - 46.1%
Portugal - 45.9%
France - 45.8%
Israel - 45.0%
Greece - 45.0%
United Kingdom - 45.0% (new rate)
Italy - 44.9%
Spain - 43.0%
United States - 41.9%
Switzerland - 41.7%
Slovenia - 41.0%
Chile - 40.0%
Norway - 40.0%
Luxembourg - 38.9%
Korea - 38.5%
Turkey - 35.7%
New Zealand - 35.5%
Poland - 32.0%
Hungary - 32.0%
Mexico - 30.0%
Estonia - 21.0%
Slovak Republic - 19.0%
Czech Republic - 15.0%

Whoopy fucking do. All that media savaging for that? Not good.

Interestingly, if you can be assed to delve into the Red Book and see what the Treasury's own analysis is on this issue, it turns out that 37% is the optimum rate for raising the most money. But then logic always gets trumped by politicking.

(PS The table highlights just how stupid the loony Lefty French Presidential candidate Francois Hollande's 75% policy looks. Coupled with their Financial Transaction Tax policy, this should utterly screw the French economy for some time. I suppose there is a silver lining to every cloud after all).

Rogue Media

Oh dear. Despite all the madness of 'Hackgate' and the horrible weekly revelations before Lord Leveson's inquiry, it seems that old Tabloid tricks are alive and well, with 'Red Top' reporters skulking around ministers' gardens trying to set up a sting (see here).

Which is why I continuously call for proper press regulation, just like the broadcast media has, and hope that the Good Lord Leveson sees sense.

Politicians' Tax Affairs

As I blogged a few days ago, Ken is a lying hypocrite. He has carried out sensible tax planning whilst blasting anyone else doing exactly the same as a tax avoiding “rich bastard”. He has then compounded this by smearing Boris as a tax avoider, when in fact Boris has either generously or stupidly not carried out any sensible tax planning and actually paid more tax than he is required to under current tax law.

All the London Mayoral candidates have now released some tax information. Ken’s is incomplete, incorrect and designed to obfuscate his real situation.

But after the media upped the ante on this whole issue, Boy George has now said he is up for the debate on whether frontline politicians should publish their tax returns, as in the USA.

This is a bad thing.

A really, really bad thing.

Of course we want our politicians to pay UK tax. So it goes without saying that all UK politicians should be UK tax resident. So far so good. And we want our politicians to not be lying hypocrites - hear that Ken? (Let’s not get started on all those Lefties who rail against private education and quietly send their children to private schools. That’s another level of hypocrisy for another post). But there are some serious arguments against extending these two perfectly proper requirements to requiring all politicians to publish their tax returns.

1. We will never get the media and the Left to be able to understand the difference between tax evasion, aggressive tax avoidance and sensible tax planning. The first is illegal, the second is unpleasant and successive Chancellors endlessly chase this problem through new legislation but the third is to be commended. We want people to work hard and they should be allowed to keep their hard earned income. It is a basic human right as far as I am concerned. So everyone should tax plan to perfectly legally and properly retain as much of their hard earned income as they can. Meanwhile, all governments have a terrible and endless track record of wasting taxpayers’ money and we should give them just enough to do what we need them to do and no more.

2. Direct comparisons of people’s tax affairs are very difficult. Much depends on many variables including your age, your employment circumstances, your attitude to saving/pensions/investments etc and of course each tax year is different with changing tax rates and changing individual circumstances. We would get terrible, wildly wrong and very politically partial analysis of politicians’ differing situations.

3. People just won’t understand the information. There was much coverage some time ago about Romney’s tax affairs in the States. What almost all commentators simply could not understand was that Romney was actually paying proportionally more tax than his competitors. They all wrote the story the other way around as they simply did not understand the complex information they were dealing with.

4. It is interesting that all those who always wank on about human rights are the first in the queue to want to take them away from people they don’t like. I actually think politicians should be allowed privacy, whether for their financial affairs or their family or whatever. If not, we will end up stopping normal people from wanting to become politicians, ending up with dull, squeaky clean automatons with zero personality, history or ideas. We want politicians who are representative of our society not homogenised dullards.

5. We would also effectively stop anyone who is successful (ie rich) from running for office. We need these guys exactly because they are successful. But why would many of them want The Daily Hate screaming about their personal finances? They would not put themselves forward.

6. Now for the most important reason. Yet more personality politics. This harks back to the issue of ‘intellectual elites’. How many of us can explain Boris or Ken’s exact policy on transport, the police, the City, air pollution, planning, the GLA tax precept etc. Yet we all know about their personal lives, their tax status, their families, their extra martial affairs blah, blah. We need to know much more about what our politicians plan to do and much less about what they are like. This issue is a growing cancer in our political system. We are becoming more and more like America on this and that is not good.

The Powers That Bcc

What a hoo-ha about bugger all. ‘Surveillance Dave’ going back on his pre-election verbiage about civil liberties, according to that horrible combination of the opportunistic Left and the mad Right. As ever, the facts…

You will recall that Mr Cragsbury is a civil libertarian, so I am prepared for the odd crim to go free rather than impose serious curtailment to the rights of all. Some of my history on this issue is here, here, here, here and here. The state should never be given carte blanche or too much power. Hence, I was very against NuLab’s mad previous proposals for the Government to bug our email traffic at will and hold the data themselves. The current proposals are in fact very different.

For many many years, the Government has been allowed to listen to our telephone calls. They do this by requiring the telcom industry to hold data on when, where and from/to whom all our calls are made for a period of time, so that if they believe we are baddies doing bad things, they can check this info and then using that go (secretly) to court to get a legal order empowering them to then bug our calls. Very, very few of these legal orders are granted. Very, very few of us are ever bugged. This process is for suspected serious crims, terrorists, foreign intelligence agents etc. You and I need worry not.

Anyhoo, the volume of calls over the internet is exploding. And right now, the security services have very limited ways to investigate this, for example Islamic extremists in the UK on Skype chatting to their masters in Pakistan, Afghanistan, Iraq, Sudan etc.

Thus, all the Government wants to do is extend their existing powers on telephone calls to internet activity and most especially internet calls. Not an issue than we good people need worry about much but of course a wonderful hobby horse for the Dark Lord Dacre and all his malign minions to rant about in The Daily Hate, and perfect fodder for all good bandwagon hunting Lefties who want scare mongering and negative coverage of the Coalition.

Apologies

Mea culpa, mea culpa, mea maxima culpa.

I have been a bad blogger this week. A combination of work being (good) crazy, covering for other colleagues who are having babies/on holiday etc and, in the rare spare milliseconds, overseeing a small construction project at Cragsbury Towers.

Anyhoo, as the eldest Craglette used to say when she was about two: “I back now”.

A couple of posts today to make up for it.

The Greatest Story Ever Told

It's Sunday. It's late. Enjoy...