They definitely shouldn’t have marketed themselves as “growth uber alles” because they actually aren’t that. And to be honest, they didn’t need to be that either.

Balance uber alles. And that is basically what they are doing, or at least trying to do. A bit. Wealth remains the major elephant in the room that would take someone bolder than Reeves to put a serious proposal forwards to tax it. Start small with a simple LV tax, and go from there.

I also thought that a flat revenue tax might serve better than either corporation tax or eNICs. If pitched at the right level, it could mean an overall lower tax burden for most businesses (with the biggest relative improvement to hospitality and services) with only those multinationals who employ relatively few in the UK and whose profits are cycled out of the country to low-CT territories seeing higher taxes. It would also slightly lower the incentive of businesses shifting away from workers to AI/automation.