Only by taxing the rich can Johnson become more than a plutocratic populist | Timothy Garton Ash - News Summed Up

Only by taxing the rich can Johnson become more than a plutocratic populist | Timothy Garton Ash


What is the difference between former US president Donald Trump and current British prime minister Boris Johnson? Both men are skilful practitioners of plutocratic populism, but “Britain Trump”, as the president himself called his British ally, might yet prove the more successful. After its recent electoral victories, the Johnson government faces the choice of continuing with plutocratic populism or going beyond it. Whereas Biden’s personal skills as a great conciliator and the United States’ seemingly unshakeable two-party system provided an united opposition to defeat Trump, Johnson has the good fortune to face a trebly divided opposition. Or a wealth tax, which Martin Sandbu of the Financial Times intriguingly suggests is fairer than a capital gains tax.


Source: The Guardian May 12, 2021 13:00 UTC



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