Fraser Nelson’s attack on 50p tax rate is full of holes

Writing in the Spectator, Fraser Nelson claims that the 50p tax rate, along with other high profile taxes on the wealthy, actually reduces tax revenue from the top percentile. The major piece of evidence he draws on is the table below. Showing the tax liability through income tax shouldered by various deciles of the tax base, he argues that as you reduce the top rate of tax, you actually collect more revenue.

Who are the most electorally successful post-war Tory prime ministers?

Even if the Tories won a higher share of the vote in 1945 and 1966 than they did this year, Cameron clearly achieved a better result than the eight occasions when another party won a majority (1945, 1950, 1964, 1966, Oct 1974, 1997, 2001 and 2005) or the one Hung Parliament where Labour was the largest party, in February 1974.

Spectator’s spectacular U-turn on climate change

One of Ian Plimer’s central claims – reported by Melanie Phillips for The Spectator – is that Arctic sea ice is in fact growing. This assertion is, of course, simply wrong. But this week’s magazine, in arguing for new fossil fuel extraction in Arctic wilderness areas, carries the reverse claim. Are we witnessing a new editorial line on climate change – or is the magazine simply unconcerned about contradicting itself in the starkest terms on the biggest issue of our time?