Wednesday, 29 August 2012

Strauss and the Phoenix

Having resigned as England Cricket Captain today there is talk of Strauss standing for the Tories in the upcoming by-election in Corby and there being support for him to do so amongst the locals. The betting apparently is 25/1 that Strauss gets selected as the Tory candidate and 16/1 that he will win the by-election. Not that good odds one has to say in what is currently a Tory seat, albeit a marginal one made more marginal by the present disappointment with the economy and thus the Coalition. It is not surprising that there is disappointment with the Coalition when the Deputy Prime Minister Mr Clegg decides to demand a wealth tax. Osborne has quietly and politely poured cold water on the whole idea but must have been cursing Clegg's stupidity in private. It is quite ludicrous to think that taxing the rich with a higher tax percentage is not going to send the wealthy away. Already the road to London from France is becoming more and more crowded as a direct result of Hollande's policy of taxing the wealthy at a 75% rate. It amazes that those who seek high taxation have never learnt from the past and it makes it absolutely necessary to repeat and keep repeating that the price of freedom is eternal vigilance or to adapt Eisenhower's famous saying the price of wealth is constant reminders of the damage high taxes cause. Osborne must continue to reduce taxes for all when the results will show that we are not a nation in decline yet again but a phoenix that is soaring. That should go down well with any campaign run by whoever is chosen as the Tory candidate in the Corby by-election.

NB I am away for the next 10 days.



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