…specifically, to all those ‘wealthy’ British artists and creative types out there who are taking time out from their vacation to natter about Maggie Thatcher. Vacation? Try taking a vacation when you’ve got a 95% to 98% marginal rate to work around there, buddy.
You know, I don’t know if I WANT to check this one out: the mere fact that there’s a credible source out there claiming that John “Imagine” Lennon* was secretly fond of the Gipper (and couldn’t stand Jimmy Carter – but then, what sane person can?) is enough, in some ways. The source is Fred Seaman, one of Lennon’s assistants during the last years of the singer’s life, and Seaman essentially said that Lennon’s change of heart was because Lennon grew up:
“He was a very different person back in 1979 and 80 than he’d been when he wrote Imagine. By 1979 he looked back on that guy and was embarrassed by that guy’s naivete.”
Mind you, a 95% marginal tax rate can have a way of clarifying one’s mind when it comes to working out one’s political philosophy. There’s a reason why so many British bands moved here in the Sixties and Seventies; well, a reason beside the obvious one…