Don't be fooled. There are no tax cuts.

My favourite writer just had another of his pieces posted on Spectator Flat White. You should read it - Our budget has caught a bad case of coronavirus.

There has not been a tax cut. Not even close. What there has been is a tax deferral. 

He really gets it:

Governments raise taxes to meet their spending needs and desires. Spending has not been reduced, so…