Today Labour’s draft election manifesto was leaked. Many policies in it, from eliminating tuition fees to building new social housing, will be paid through increasing tax on high income earners and the profits of large corporations. Higher tax in these areas wouldn’t make Britain the exception, it would make it normal.
The right’s unearned reputation for fiscal credibility is grounded in two false but undisputed narratives: the economic myth that government accounts are like household budgets, and the moral myth that suffering is often deserved and necessary punishment.
Right wing values have never had greater express consent – so what does Labour do as many UKIP voters turn Tory, empowering Theresa May?
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