A large increase in the personal allowance would not be a good way to cut taxes, whether the goal is to boost economic growth or to help the poor, and regardless of how it would be financed. There is now remarkably broad support for a large rise in the standard Personal Allowance (PA), which is … Continue reading Why raising the personal allowance would be the wrong tax cut
Tag: personal allowances
Weekly wrap: Tax cut talk – the good, the bad, and the ugly
Also including thoughts on the latest Budget speculation, paying interest on reserves, the latest from the OECD and IMF, Carney and Blair’s EU fantasies, and what’s really happening to consumer confidence... Theme of the Week It’s party conference season, so politicians will not let a mere fiscal crisis disrupt the usual competition to see who … Continue reading Weekly wrap: Tax cut talk – the good, the bad, and the ugly
Jeremy Hunt’s tightrope act could see the economy take a tumble
It’s usual for some of the contents of a Budget to leak out before the official announcement. This time, though, we already have a very clear idea of what’s coming on Thursday. The Prime Minister and Chancellor, and their backroom teams, have worked hard to prepare us for ‘difficult decisions’. The good news is that … Continue reading Jeremy Hunt’s tightrope act could see the economy take a tumble
