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Morning Call: pick of the papers

The ten must-read pieces from this morning's papers.

1. Osborne well knows that Tories tax wealth at their peril (Financial Times)

If there are shock and awe tax cuts, there must be shock and awe tax rises too, writes Paul Goodman

2. Unemployment matters more than GDP or inflation (Guardian)

Jobless figures are the one major economic indicator that measures people, writes Mehdi Hasan. And they demonstrate the toll in misery across Europe.

3. A billion reasons to close the stamp duty loophole (Daily Telegraph)

Stamp duty avoidance by the super-rich is a scandal that is costing the country a fortune, says Boris Johnson.

4. Mr Obama must take a stand against Israel over Iran (Financial Times)

The true danger lies in the refusal to allow a viable Palestinian state, write John Mearsheimer and Stephen Walt.

5. Who'll fight for man in street now, Cam? (Sun)

Hilton is a loss to a nation whose political elite has surrendered to unelected and unaccountable officials in Whitehall and Europe, says Trevor Kavanagh.

6. Whitehall still needs to sharpen up its act (Daily Telegraph)

The self-serving days of 'Yes Minister' may be over, but further Civil Service reform is vital, argues Peter Riddell.

7. I fear Cameron will prove to be little more than an empty suit (Daily Mail)

Steve Hilton's departure will reveal whether Dave has any political principles of his own, says Melanie Phillips.

8. What is 'soft power'? Tune in to find out (Times) (£)

Boosting the BBC World Service, not foreign aid, is the surer way to win the respect of the poor and repressed, argues Bill Emmott.

9. The police: a chance to modernise (Guardian)

This isn't privatisation: outsourcing routine jobs will save money for more urgent, difficult areas of policing, argues Ian Blair.

10. The God-given dignity to which the Cardinal is blind (Independent)

Cardinal O'Brien has not halted the onward march of aggressive secularism, but strengthened it, says Richard Coles.