This issue has flared up again following the row about the Conservatives’ document that claimed Labour will “increase your taxes by £2,094” (a figure still being cited on X today). There’s a lot to unpick here, so be prepared for a relatively nuanced answer! In case you’ve been lucky enough to miss all this, the … Continue reading Should civil servants be involved in costing opposition policies?
Tag: tax
Rachel Reeves’ tax pledges are a hostage to fortune
“Read my lips: no new taxes.” Older readers may remember US Presidential nominee George H W Bush saying those words at the 1988 Republican National Convention. Of course, this pledge was then broken, playing a large part in Bush’s defeat by Bill Clinton four years later. Labour’s Rachel Reeves may just have made the same … Continue reading Rachel Reeves’ tax pledges are a hostage to fortune
The OECD’s minimum tax plan is dangerous showboating
On Wednesday, Liz Truss will use the Margaret Thatcher memorial lecture in Washington to call the Organisation for Economic Co-operation and Development (OECD) a “global cartel of complacency” whose high tax policies are holding back growth. I fear she is right. In particular, Ms Truss will warn against the OECD’s plan for a minimum 15 … Continue reading The OECD’s minimum tax plan is dangerous showboating
Are we becoming too dependent on the state?
I have to tip my hat to Civitas. The ‘Tufton Street’ think tank made quite a splash on Monday, including bagging the front page of the Daily Mail, with two striking claims. One was that over half of UK households now receive more in benefits from the government than they pay in tax. The other … Continue reading Are we becoming too dependent on the state?
Plain-speaking Economics 