| Unless you don't read newspapers anymore and have stopped watching "Bad Noise at Ten", you'll have noticed a growing demand from "talking heads" to the Chancellor of the Exchequer in the Budget next month, or indeed for "the next Labour Government", to raise taxes and "soak the rich". Thus we're told that all the problems of millennials, inequality and something called a fiscal deficit will be solved at a stroke.
The move to "soak the rich" has already begun. Take the move to thump those nasty non-doms. Whatever the rights and wrongs of their tax status they contribute more to the UK economy than is generally reported. In income taxes alone they chip in a very reasonable £10 billion a year, which according to underemployed number crunchers is equivalent to 2p on the basic rate of income tax. There's an estimated 120,000 of them, most of whom are rich in anybody's language, and you can only imagine how much extra boost they give to the UK economy with all their spending and investment. | 
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