
Letter of the week: The privilege of paying tax
'Just Praise Tax!' might be a useful tweak to your coverline (4 July). I agree with Will Dunn's analysis that Labour missed an opportunity to make it clear that the tax system is not working. I was shocked to read that the basic rate of income tax has not risen for more than 50 years. During that time, the average life expectancy of people in the UK has increased by almost ten years, and with it our spending on healthcare and pensions. There is no escaping that our taxes need to rise.
Rachel Reeves might well have benefited from listening to my 93-year-old mother, congratulating her two granddaughters on their first jobs: she told them it was a privilege to pay tax. My daughters, she said, had taken from the health service and the education system, and now had the privilege of paying tax for the benefit of others. I agree. The Labour Party needs to change the narrative around tax. Paying it is a commitment to society. It is a recognition that we are better together. We offer a percentage of our income for the common good.
Eleri Cubbage, Peterston-super-Ely, Vale of Glamorg
Taxonomics
Will Dunn's fine article on taxation (Cover Story, 4 July) mentions but does not really dig into the issue of generational injustice. My wife and I are retired teachers. In the 1970s we began paying into a pension scheme, one set up on the assumption that we would likely be dead by now. Instead, we look likely to thrive for years to come. We hardly noticed the cost of our pension contributions, but now enjoy the income they bring. We bought our first house without much financial stress. Without planning, we have watched the value of our property rise hugely – indeed, absurdly. At a certain point, we inherited an unspectacular but substantial unearned sum.
Why does Rachel Reeves not properly tax people like my wife and me? The government is mistaken if it thinks we will vote for another party because we cannot have so many foreign holidays and meals out. We will only vote Labour down if we see no new signs of a prospering public sphere: an NHS without a ghastly waiting lists; civilised public transport for when we can no longer drive; an uplift in the well-being of our children and grandchildren. Please, Chancellor, heed Dunn, insist that we pay for these good things. Tax us more.
Mike Hawthorne, Eardisley, Herefordshire
At last, some proposals for overhauling the tax system. Why should someone who is working full-time and whose income is the same as mine have more money taken from their pay packet than is taken from mine? This is the net effect of National Insurance. Why shouldn't all income be treated equally regardless of its source? Those who have assets and can realise capital gains get an additional tax-free allowance. I have yet to see a satisfactory response from anyone to either of these questions.
Jean Macdonald, Coventry
Worthy of praise
Superb writing makes you read about subjects in which you have no interest. It beats me why people will spend £400 to live in a field and listen to noise. I have no interest in Glastonbury but read every word of Finn McRedmond's Sketch (4 July).
Brian Witcombe, Stroud, Gloucestershire
Courage vs inaction
Thank you for carrying Dr Tanya Haj-Hassan's account – an article from which many magazines would have shied away (First Person, 4 July). I am lost in admiration for her courage, and in despair at our government's inaction. Yes, Israel has the right to self-defence, but its actions in Gaza went beyond 'defence' long ago. How many more children must die before our government bans all arms sales to Israel?
Robert Dear, London N14
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The power of 'Dad'
I was moved to tears by Pippa Bailey's latest piece following the loss of her father (Deleted Scenes, 4 July). Her balancing of complex reflections with the simple mundanities of life carrying on around her is beautiful, and the last three paragraphs are like a Larkin poem in prose form.
The only get-out-of-grief card I have to offer her is to focus on all the happiness she brought to her father's life. My favourite word in the entire English language is 'Dad'. I'm sure that whenever Pippa called her father by that simple name his heart will have thrilled with love and pride.
Ric Cheyney, Talsarnau, Gwynedd, Wales
Like the deserts miss the rain
I've been reading the New Statesman for years and have never felt the need to write to you. However, on reading Tracey Thorn's last column (Off the Record, 27 June), I had to. She's been a great addition – a gentle but sharp read. Birth and death and all the stuff in between – thanks, Tracey, for writing about it all so relatably. You will be missed.
Bev Gosling, Bristol
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Scottish Sun
28 minutes ago
- Scottish Sun
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Telegraph
28 minutes ago
- Telegraph
This was too little, too late from the ‘iron' Chancellor
There will be a round of deregulation. Lending rules will be relaxed. And new listings will be accelerated. Rachel Reeves did everything she could in her Mansion House speech this evening to win back the City. From any other Chancellor it might have been greeted with loud applause. From this one, however, it will be dead on arrival. The relationship with finance is irretrievably broken – and is too late to win it back now. The bankers and brokers listening to Reeves this evening will like much of what she had to say. The relaxation of lending rules will be welcomed, even if it is questionable whether the British housing market needs yet more debt instead of more supply. Easing some red tape is always helpful, and something needs to be done to encourage more new listings. In reality, however, Labour's relationship with business is now broken beyond repair. When Reeves took office there was plenty of goodwill. Business was ready for a change of 14 years of a Conservative government that seemed more and more chaotic with every year that passed. She even had one or two ideas that sounded good, even if they were thin on detail. By now, however, the City feels completely betrayed. The assault on non-doms has driven wealthy clients out of the country, and many successful entrepreneurs as well, with nothing to replace them. The steep rise in employers' National Insurance has drained money out of companies, and hit profits and dividends. Her changes to inheritance tax have hammered not just farmers but every privately owned business, and many of those are still crucial to the economy. The extra employment rights might please the unions but they could be ruinous for the City. The list goes on and on. Business was told that Reeves was a pro-growth, pro-enterprise Chancellor. Instead she has led an assault on the private sector with no parallel in recent British history. It looks as if it will only get worse over the next year. We all know that there will be another huge round of tax rises in the autumn, and business may well bear the brunt of that. It could be higher business rates, a windfall tax on the banks or utilities, or even a 'temporary' surcharge on corporation tax, similar to the levy imposed in France earlier this year. Likewise, the plutocrats of the Square Mile are likely to be squeezed for extra tax revenue. We may well see a return of the 50 per cent top rate of tax. Or, even worse, a wealth tax, catastrophic for the City where £10 million is regarded as a respectable annual bonus, and not an obscene fortune to be taxed away. Sure, a few reforms are worth having. And it is good that Reeves recognises how crucial the City and financial services are to the British economy, even if many of the Left-wingers on her backbenchers won't agree with her. Finance has always been one of the key drivers of growth, as well as generating huge tax revenues. But the blunt truth is this. Reeves has lost the trust of the City. And no matter how hard she tries, it's surely gone forever.


Times
36 minutes ago
- Times
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