Turn down the heat, switch on the light

Tax havens are essential to maintain a healthy economy, limit the overall tax burden and improve efficiency in financial markets. A new IEA paper,  argues that political pronouncements vilifying companies for avoiding tax lack any honesty – or understanding – that the issue at the heart of the current debate, tax competition, results from the actions of governments and not corporations. The research was featured on BBC Breakfast, Radio 5 Live and on regional radio

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media coverage - 19 Jun 2013

Steve Davies appears on BBC Radio Tees

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Economic Affairs - 18 Jun 2013
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By Christopher Snowdon, 19th Jun 2013 (0 comments)

Earlier this year, the Work Foundation published a study of inequality in Britain that threw up some uncomfortable findings for those who believe that income differentials are the root of all evil. The economic fundamentals suggest that the less equal cities are better places to live, but if the Spirit Level hypothesis is correct, people should be fleeing London and Aylesbury to move to Barnsley and Stoke. Perhaps people who want to live the American dream should really be moving to Wearside. I mean no disrespect to these fine cities when I point out that migration in Britain mostly works in the opposite direction.

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