Which, of course, does not absolve the government from responsibility for writing tax rules in such a way as to prevent companies paying significantly less than the official corporation tax rate - which, of course, is not easy in a globalised world where businesses can move their domiciles and can shunt revenues more or less wherever they choose.
Instead came two all-too-political sleights of hand: a string of over-optimistic economic assumptions and the misleading message that soaking the rich could absolve the other 98% of the population from personal sacrifice.