Morning Call: pick of the papers

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

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1. Don't put faith in voodoo tax cuts (Financial Times)

It is a general truth that tax cuts do not lead to higher revenues, writes Chris Giles.

2. America faces a decision that will affect us all (Daily Telegraph)

The financial crisis will force the Obama administration to make a choice that will define everyone's future, says Jeremy Warner.

3. Away with this Olympic gloomster-in-chief (Times) (£)

Only believers in neglect and misery rather than money and action quibble at the success of London 2012, argues David Aaronovitch.

4. We need more honesty about the benefits of these Games (Independent)

The costs of London 2012 were grossly underestimated and the economic benefits grossly overestimated, says an Independent leader.

5. Why shouldn't Cameron holiday in Tuscany? (Daily Telegraph)

He shouldn't share a villa with the Murdochs, but the Prime Minister has no need to pretend to be poor, says Toby Young.

6. Hillary's charm offensive in China's backyard (Financial Times)

Washington's strategy is to try to slip back stealthily into the heart of Asia Pacific without ruffling Chinese feathers, writes David Pilling.

7. What MI5's records on my father tell us about the uses of surveillance (Guardian)

The pressure to monitor the potentially dangerous is just as great as it was in the cold war era, says Martin Kettle.

8. Yes, the truly ill deserve help. But sickness benefits have wasted the lives of millions who claim them (Daily Mail)

We should rejoice that politicians have at long last had the courage to address an exorbitant and debilitating scam, says Stephen Glover.

9. If you don't speak English you can't belong in Britain (Daily Telegraph)

The inability to speak a host country's language reinforces dangerous divisions in society, says David Green.

10. Strauss-Kahn is accused, but it's the maid's word on trial (Guardian)

The presumption of innocence is extended to defendants but any past infraction can be used to torpedo Diallo's credibility, writes Zoe Williams.