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The politics of envy is back with a bang – and the Labour Government is making it the central plank of their economic policy. After the self-defeating and muddled policy of adding VAT to private school fees, the Government has not been deterred, and is now rehearsing all of the old tunes from the socialist song book. They are apparently going to squeeze those earning over £100,000 until the pips squeak in a way that would make even Denis Healey blush – as if those people are not taxed enough already – as Labour seemingly don’t classify those earning six figures as “working people” who they pro…

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