A part of Britain’s Establishment has always looked to the United States for leadership. They view the US as a model economy in which the market rules, big business can behave as it sees fit, and rich individuals are free from irritating ‘burdens’ – such as taxes which are ‘redistributive’ (they take more from the rich and less from the poor, as a percentage of their income).
We have more than a few such figures in our government, including the trade secretary, Liz Truss. That is…