It’s possible to the actual work on a financial transactions tax and prove that it’s pensioners that pay it, it shrinks the economy, doesn’t increase – rather decreases – total tax revenues and so on. As I have done in fact.
It’s also possible to take just a quick look and conclude that Persaud’s blowing smoke.
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The mastermind of Jeremy Corbyn’s planned raid on the City is this weekend revealed as a supporter and user of the offshore tax havens on which the Labour leader has pledged a crackdown.