Socialism from Liberal Democrats
THE Liberal Democrats are preparing yet another tax onslaught against higher-income groups, with people earning more than £50,000 apparently in line to make what they call "a further contribution" to tackling the deficit.
It is all very easy to keep squeezing those earning good salaries, especially when they are a minority of the electorate and can be painted as privileged.
But there are two problems with this approach. First, there is absolutely nothing liberal about the state seizing more and more of the income of any group of hard-working people.
Second, it amounts to socialism and it never works because it leaves the most skilled people in the economy demoralised rather than energised and therefore makes everyone worse off in the end.