The commentator Polly Toynbee came in for some predictable stick from readers recently when I highlighted an extract from her latest book in which she quizzed a group of senior lawyers on their deeply hostile attitudes towards taxation as a means of wealth redistribution.
I was reminded of the debate while listening to the Today Programme this morning. Presenter Evan Davies and North America editor Justin Webb were chewing the cud over the US Government’s plans to restore confidence on Wall Street by creating a government-sponsored vehicle to take over the banks’ toxic assets.
