A Little Untruth

Hi All 

Welcome to the new enterprise based 

Cambridge West Campus.

The new world is here.

And this is where we are.

Contrast the young fogeys, in their gowns,      

outside the Old Schools, resisting

change.

Horace called them 

"Laudatores temporis acti."   

"Praisers of times past." 

The Easter vacation should clear their heads on student fees                                            

 Another silly nonsense is circulating.  “No Cuts” folk claim that George Osborne should just collect the tax that is being evaded or avoided and all will be well.  No cuts, no fees, are needed.

I do not blame “No Cuts” for trying it on.

But I do blame the likes of Jeremy Paxman, Andrew Neill, lots of reporters and even the sainted Stephanie Flanders for not challenging and demolishing this foolish untruth.

These young, and not so young, "No Cuts" people never paid attention to their numeracy lessons.  They are saying that one hundred billion pounds a year (£100,000,000,000) could be recovered.


This would mean that, based on a 50% tax rate, young Green and his friends are concealing “hidden profits” from the Inland Revenue equivalent to around one pound in every seven pounds in the whole UK economy every year.  A mountain of money the size of one and a half National Health Service budgets does not escape the sharp eyes of the Treasury and the Inland Revenue.

Here's to spring

Here's to the future.

Paws4Now       

Jock