I am reliably informed by my friendly 'jeweller to the stars' neighbourhood coke dealer that, when he was delivering to the cabinet office yesterday he overheard Cameron and Osborne discussing the legalisation and subsequent taxation of cocaine in the UK. Osborne's objections were, apparently, that it was only going to penalise themselves and was therefore counter to everything they believed in.
Cameron apparently replied: 'Rack em up George and tax the poor'.
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