Posts Tagged ‘non-doms’

Week 2 of the campaign: the good, the bad and the ugly

12/04/2015, 11:25:54 AM

In a new feature for the general election, Uncut will be looking back at the end of each week at the good, the bad and the plain ugly of the campaign.

The good

Labour’s non-dom policy roll-out

This had everything: the element of surprise, backing from almost all sections of the media and public and a clear dividing line that placed the Tories on the side of one of the most egregiously privileged groups while Labour was the champion of the mainstream.

The way in which the Conservatives issued three press releases in 12 hours on this one issue illustrated the level of panic it generated.

And the muddled response that the Tories ultimately settled upon – criticising the micro-detail of the announcement while hawking around a partially edited video of Ed Balls from January this year – demonstrated how they crack under pressure.

The obvious move would have been to co-opt the policy, pretend this was something that had long been under consideration and use it to illustrate how we are all “in it together.”

It would have been a deft act of political ju jitsu, but instead, the much delayed Conservative response demonstrated an aching lack of judgement.

Once a Labour campaigner, always a Labour campaigner

He might be 82, but Lord Alf Dubs (standing on the left) is still pounding the streets for the party. Labour’s former MP for Battersea (1979-87) was out canvassing for Lee Sheriff in Carlisle yesterday, fresh from a visit to Scotland knocking up for candidates like Gregg McClymont. An example to all.

Samantha Cameron’s interview with the Mail on Sunday

The purpose of these soft focus spousal features is to humanise the leader, to open a window onto their home life. Normally, they fall short. They are too stilted, too focused on the politician with the spouse never rising above adjunct, even in their own interview.

This piece in last week’s Mail on Sunday is different. The candid manner in which Samantha Cameron discusses her deceased son, Ivan, gives the piece emotional heft and lifts it above the standard fayre. Samantha Cameron comes across as her own woman, and by the end it is David Cameron who is the adjunct.

Paradoxically, this is why it works as a piece of propaganda – Samantha Cameron does in fact humanise David Cameron. His bloodless and cold prime ministerial pallor is invigorated (somewhat) through his association with a strong woman. (more…)

Facebook Twitter Digg Delicious StumbleUpon

Labour’s decision to abolish non-doms is tactically astute but strategically risky

08/04/2015, 05:54:55 PM

by Samuel Dale

There are 116,000 individuals resident in the UK but not domiciled here.

It means they pay no UK tax on their overseas income as their permanent home is judged to be in another country.

High profile non-doms include HSBC chief exec Stuart Gullliver, Tory peer Lord Ashcroft and Roman Abramovich.

Labour wants to restrict the maximum temporary resident status to two or three years. The only restriction today is to pay a £30,000 charge when a non-dom has been UK resident for seven years.

It’s good policy for three reasons.

Firstly, it is morally justified that everyone plays by the same tax rules.

Non-don rules are arcane, unfair and widely abused.

Business people support the change too to level the playing field – notably Dragon’s Den’s Duncan Bannatyne who signed a letter to the Telegraph last week but has switched his vote to Miliband after the move. That’s a big endorsement.

Secondly, it should raise some revenue although it is highly uncertain.

Some tax lawyers say up to £1bn, Labour says hundreds of millions and the IFS says it will raise more than zero.

And, incredibly, Labour will use the extra cash towards the deficit. Hallelujah! Even though it’s a tiny amount it is the first time in months a tax rise hasn’t been immediately spent elsewhere.

Thirdly, and in an election battle this is the most important, it’s politically astute.

I was convinced George Osborne would simply adopt the policy, claim it as his own and move on. The Crosbyite focus on the long-term economic plan has ruthlessly removed distractions.

Cameron pledged not to rise VAT last month while Osborne used the Budget to shoot every Labour fox out there from “1930s spending” to “falling debt”. Except non-doms.


Facebook Twitter Digg Delicious StumbleUpon