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Christopher Snowdon
30 January 2013
7 comments

We are used to single issue campaigners flagging up costs to the health service as a justification for raising taxes and restricting liberties. This week the big figure is £6 billion - the...
Kristian Niemietz
18 January 2013
15 comments

Imagine there was a Food Tax which had the effect of raising food prices by, say, 17% on average. The tax revenue was collected centrally, and then disbursed to agricultural producers. That tax...
Stephen Michael MacLean
14 December 2012
comments

  The phrase ‘fiscal cliff’ now permeates the American media. In essence, the cliff is a series of legislated fiscal triggers that will be activated on 1 January, which include...
Kristian Niemietz
7 December 2012
3 comments

  Right from the start, the guiding question behind the coalition’s fiscal strategy has been ‘Which consolidation measures are least likely to get us into trouble?’ rather...
Richard Wellings
5 December 2012
2 comments

At the time of the last Autumn statement, the Office for Budget Responsibility (OBR) was predicting growth of 0.7 per cent in 2012, followed by 2.1 per cent in 2013, 2.7 per cent in 2014 and a...
Philip Booth
3 December 2012
2 comments

Those attacking companies not paying corporation tax have opened up a new line of argument. Specifically, members of the House of Commons’ Public Accounts Committee have argued that because...
Richard Wellings
19 November 2012
27 comments

According to a review commissioned by the Department of Social Security, ‘the costs of travelling to work will ... be a factor in some people’s decisions about whether to look for or...
Vuk Vukovic
14 November 2012
comments

A lot of pro fiscal stimulus arguments in the USA and the UK come from the classical zero lower bound (ZLB) assumption, in which conventional monetary policy is said to be ineffective...
Philip Booth
12 November 2012
4 comments

Who among Sunday Telegraph readers has not tried to avoid paying tax? I should imagine that most married readers keep their assets in the name of the spouse with the lowest tax rate. And I...
Christopher Snowdon
22 October 2012
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Are the British developing a taste for smuggled booze and moonshine? There was a five-fold increase in the number of seizures of counterfeit alcohol by Trading Standards between 2008/09 and 2010/11...
Philip Booth
17 October 2012
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  At a meeting in the House of Commons yesterday, I was asked to describe the characteristics which should be possessed by the next Governor of the Bank of England. These were my thoughts...
Philip Booth
26 September 2012
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It is difficult to think of a policy that is as ill-conceived on so many levels as the coalition's announcement on Sunday to encourage parents to guarantee their children's mortgages....
Philip Booth
21 September 2012
26 comments

I was surprised to see The Times run a front page, a three page feature and a leader on tax avoidance yesterday. The arguments used by The Times, and the specific examples highlighted were...
Duncan Stoddard
4 September 2012
79 comments

  ‘Buy land, they're not making it anymore.’ - Mark Twain The UK economy is beset by three compounding problems: no growth, a high deficit and a constricting...
Philip Booth
31 August 2012
2 comments

Once again, we hear calls for a wealth tax not just from Nick Clegg and Simon Hughes, but also from Tim Montgomerie. These calls cannot go unchallenged. A wealth tax is a pernicious tax because...
Prerna Aswani
29 August 2012
comments

Under the Reagan Presidency (1980-1988), income tax was cut across the board and the top rate of income tax reduced from 70% to 28%. The dramatic nature of the change in tax policy makes this a...
Richard Wellings
22 August 2012
4 comments

Relying on growth was always going to be a risky strategy. Yet a healthy recovery, with robust GDP increases of 2%-plus, formed the core of the government’s deficit reduction plan. In this...
Philip Booth
26 July 2012
2 comments

The statisticians will be arguing about the last quarter’s growth figures for years. Was it really a 0.7 per cent fall in national income, a 0.9 per cent fall or a 0.5 per cent fall? If it...
Vuk Vukovic
23 July 2012
2 comments

Europe is once again on the edge of the cliff. Spain is out of money to finance itself and its banks; Greece, even though the pro-bailout coalition was formed, remains Europe’s...
Philip Booth
10 July 2012
7 comments

It is perhaps surprising that senior people in the Catholic Church have been relatively quiet in the recent debate about tax avoidance. But, keeping quiet is probably a good strategy. After all,...