Hague should of course have been promising the voters the tax regime of Belize (which has no capital gains tax).
He could also have promised no inheritance tax, a top rate of income tax of 20%, no welfare state and the privatisation of the NHS.
If he had done so, the markets would respond and sterling appreciate.
But they are too cowardly and stupid to try anything like this.
If sterling appreciates then the Tories would know it was the right thing to say and stick to their guns.
If sterling depreciates after such an announcement, they would know it was a stupid thing to say and backtrack, which they are so skilled at doing after 5 years of Camoronian cowardice.
What have they got to lose but the election?
If sterling depreciates after such an announcement, they would know it was a stupid thing to say and backtrack, which they are so skilled at doing after 5 years of Camoronian cowardice.
What have they got to lose but the election?
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