At the ASI.
Which brings us to my modest proposal. The income tax allowance, the national insurance thresholds and the national minimum wage should all the same amount. We should pass a law that says that they must, always, be the same amount. If the minimum wage is £6.08 an hour (and the normal working week 40 hours a week, 52 weeks a year) then one starts to pay income tax and NI at £12,646.40 in annual income and not a penny before. If we want to raise the NMW to £7 an hour then that\’s fine: but no one then pays tax before £14,560. If some fool Chancellor of the future (and we can bet on having at least one of those) decides that he wants income tax to start at £5,000 then the NMW must, at the same time, fall to £2.40 an hour.
If there is indeed a moral case that there is some minimum permissible price for an hour of someone\’s time then there is exactly that same moral case against our rulers helping themselves to some of that pittance. This system would make clear and apparent that moral argument. By enshrining it in law we remove any possible wriggle room for the future.
We also encapsulate into law the most obvious and simplest truth about poverty. If you want to increase the incomes of the poor then just stop taxing them so bloody much.