Tax rates weren't mental in the 70s. They wre just pissing the money up the wall. The right answer is to have a Government that actually gives a shit about the poor with enough money and knowledge to make it happen. Now that s obviously unlikely, but for me, it is the right answer. When Thatcher...
They cut income tax considerably under Thatcher. since they've been back in power they haven't. but it hasn't stopped them lining their mates pockets. Incidentally under Thatcher they increased VAT considerably when they came in. Easy way to make money quickly taxing everyday goods while cutting...
What you say at the end is true that if the economy does well we have money for health and education. The problem is that over the years the Tories have tended to spend the money they've saved boosting the economy on tax cuts and lining their mates pockets rather than public services and Labour...