Jack Kemp who at one time was a prospective United States Vice Presidential candidate and who served nine terms as a Congressman for Western New York, from 1971 to 1989 and who was Housing Secretary in the George H. W. Bush administration has died after a long battle with cancer.

He was fond of saying that President Kennedy in 1962 declared that

'It is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise revenues in the long run is to cut tax rates now. The purpose of cutting taxes now is not to incur a budget deficit but to achieve the more prosperous, expanding economy which can bring a budget surplus.'

The idea is as relevant today as it was in 1962. A reduction in the basic rate of tax would benefit the less well off and give an economic stimulus to the ailing economy because the less well off would spend the tax reduction. The idea is not apparently attractive to either Mr Brown or Mr Darling or surprisingly Mr Cameron or Mr Osborne.