A new president. By Simon Sweetman

There are many things about Barack Obama’s election that are more significant for the USA and the world than his tax policies but hey, this is a column about tax, and of course there is a significant overlap between tax policies and policies for dealing with the current economic crisis (which is not a “credit crunch” – that is simply one of the effects of the unravelling of the games played by the banks with our money).

Obama’s declared policies include small increases in the rate of income t