British - Politician | March 11, 1932 -
No one, however long they have held the post, lightly gives up the great office of Chancellor of the Exchequer. Certainly I did not.
Nigel Lawson
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When differences of view emerge, as they are bound to do from time to time, they should be resolved privately and whenever appropriately, collectively.
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I strongly suspect that there would be a positive economic advantage to the U.K. in leaving the single market.
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A flat-rate poll tax would be politically unsustainable; even with a rebate scheme, the package would have an unacceptable impact on certain types of household.
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We should be forced to give so many exemptions and concessions (inevitably to the benefit of high spending authorities in Inner London) that the flat-rate poll tax would rapidly become a surrogate income tax.
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One of the most important things that a Thatcher government did was change the mood of the nation to give it back its confidence.
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This clutching hold of the E.U. is a sign of a lack of national self-confidence - which is not healthy.
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The 'in' campaign will attempt to scare people into believing that if the U.K. were to leave, investment and jobs would move abroad. They are as wrong about that now as they were when they warned that this would happen if we did not sign up to the Euro.
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The Treasury has enough trouble with forecasts even when they are trying to get them right.
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One of the things that concerned me was the way the system operated: the wife who went out to work got a full personal allowance, but the wife who was working at home got nothing. This was particularly hard on wives who gave up work for a time to bring up children.
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God forbid that the United Kingdom should take a lead and introduce a sensible tax system of its own which would probably comprise a very low level of corporation tax - tax on corporate profits - and perhaps a low level of corporate sales tax, because sales are where they are, and sales in this country are sales here, which we can tax here.
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I have to say to the Government that you are not even getting nowhere fast - you are getting nowhere slowly.
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