I'm not sure which is funnier - the revelation that George Osborne does not pay higher-rate tax or the furious political fire-storm which has erupted over the pasty tax. There is an excellent analysis of how this extension of VAT will hit an important industry in Devon and Cornwall in Business Cornwall today. The anti-tax campaign swept through Twitter and Facebook in less than 24 hours and now enjoys the status of an e-gov petition. The answer is obvious. The pasty industry should simply hire Mr Osborne's accountants - and their tax problems will disappear.
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