Before Brexit, low taxes and minimal regulation may have been a sound way of encouraging inward investment from companies wanting a trained workforce, in an EU country, able to seamlessly export to other EU countries.
As we now have tariff and administrative barriers making cross channel trade more difficult, I am unconvinced - perhaps reduced taxes are a simple encouragement (bribe) to get any inward investment.
I don't personally have a problem with people being wealthier than me - many are. The real question is "will the policy deliver the desired outcome" and is the desired outcome in the interest of society as a whole (not sectional interests).
It is a high stakes gamble I find it difficult to support. However, playing it safe and conventional for the last 30 years has hardly been an overwhelming success.
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