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Laffing all the way to the bank?

  • Paul Mason
  • 21 Aug 06, 02:49 PM

byers203.jpgSummer would not be summer without members of the Labour hierarchy knocking lumps out of each other with handbags marked "policy renewal". Stephen Byers' gambit yesterday - to scrap inheritance tax because it is a "tax on hard work" - seems to be more than just the traditional phenomenon of Labour rightwingers getting very sentimental about money in old age: it contains a genuine philosophical challenge to Labour tax policy...

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