Well the
FT has had another say on this and it is (somewhat), topical...
This may not be paywalled, I didn't get stopped but I have had to complete a survey today, which they are doing in preference to paywalling everything.
The first part of the article is quite revealing of how IDS' actions are viewed.
It was not only a resignation; it was also a suicide bombing, by a man who has a short fuse, and accumulated resentments.
I'm not sure how suicidal it was, although he may never be a minister again, depending on the next PM.
But other points in the article are highly revealing. Especially as the FT has been after Cameron for the entire 6 years he's been in the post.
Mr Duncan Smith has claimed that very poor people are having their benefits cut to fund tax concessions for the rich. Many voters are always ready to believe the Tories are cold-hearted. There is a paradox here. No Conservative leader has tried harder to counter that than Mr Cameron.
This I have said over and over again but perceptions, as the article goes on to say, are what they are and no amount of actions, it would appear, can overcome them.
But then we come to this absolute cracker.
Abolishing the 50 per cent rate increased the tax yield, and the same would be true of the 45 per cent impost
So now we come to a truth which is never told. Remember Clegg and his tax the middle classes to destruction??? Reducing the 50% tax
Increased revenue, it did not reduce it.
So let's go back to Clegg and Corbyn and The Scottish Labour and the Scottish Lib Dems. They all want to increase tax rates. For which the eventual reality is that the government will get less return and the economy will shrink. Unless you watch/listen to the Scots news you might not know that the SNP voted down a 1% increase in taxation to fund their spending. Clearly the SNP know the same truth.
It's odd that you _never_ hear the Tories telling the people that the supposed "Fair" taxes of hammering the rich and the middle classes would net them less money. It never fails to amaze me what they are allowed to get away with.