It\’s really quite lovely.
He\’s claiming that we have a regressive tax system without bothering to notice that it\’s more progressive than most others. Specifically, he whines about how indirect taxes (largely VAT of course) have risen as a percentage of the tax take. Without bothering to note that this is
a) EU imposed and not the result of the Washington Consensus as he says
b) the only way that you can finance a large state and still have economic growth.
Our tax system has, over the years, been moving much closer to the Nordic one: and as it\’s the Nordics which are the desired end point of Ritchie\’s plans, quite why he\’s upset about this I really don\’t know.