When the House of Commons Treasury Select Committee asked how he decided to impose the new rate on everyone earning £150,000 or more, he replied: “There was no science behind it. It was simply my judgment.”
My mate just said:
'If that was private organization and someone [the one payrolling me] came to me and said there was a recognized mechanism for determining these things and I stuck two fingers up to tell him where to go, I'd be sacked on the spot. And it's not the first time he's ignored the recommendations of committees, just because he doesn't like those recommendations.'
I can't improve on that, nor on this comment by a fellow blogger on the Adam Smith site:
Lord T, May 06, 2009