Labour already know what public finance horrors await them

Over the weekend, a leaked document revealed by the Guardian outlined different tax hikes the Labour party could impose, including changes to capital gains tax and inheritance tax. It’s evidence of what has long been suspected: that what’s been left out of the party’s manifesto (almost every tax) remains on the table. How might Labour justify not being more upfront about this ahead of the election? As I have noted on Coffee House before, Labour has gone to great lengths …