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D. R. Myddelton
3 April 2012
4 comments

  One hopes the overworked staff in the Office of Tax Simplification get overtime.  This year they have surely earned every penny. A glance at the Conservative Party’s Manifesto...
Philip Booth
23 March 2012
1 comment

At the IEA’s Budget briefing yesterday I called for the annual Budget to be abolished – or at least slimmed down to a very brief statement. This echoes calls made by Anthony Evans in...
Kristian Niemietz
21 March 2012
1 comment

  Given an expected unemployment rate of 8.7% for this year, it is a bit surprising that the Budget’s sub-subchapter on labour market reform occupies no more than half a page. If...
Philip Booth
20 March 2012
1 comment

The government's decision to nationalise the assets of the Royal Mail pension fund while taking on all future liabilities is another example of accounting sleight-of-hand by an administration...
D. R. Myddelton
12 March 2012
14 comments

  John Campbell’s biography of Margaret Thatcher refers to her taking a well-worn copy of Hayek’s Constitution of Liberty from her handbag and telling a seminar at the Centre for...
Philip Booth
8 March 2012
comments

  The government is to be applauded for its attempts to get the medium-term public finances under control. However, its enthusiasm to do so is leading, increasingly often, to decisions that...
Ruth Porter
6 March 2012
comments

  The very language of cuts has been markedly austere and depressing. It is now well established that the reductions the government will make to overall spending are actually tiny. Carving...
Matthew Sinclair
2 March 2012
3 comments

The satirical website the Daily Mash has revealed shock news: ‘Greedy people have more stuff, say experts’. They were reporting on an actual study at the University of...
Philip Booth
27 February 2012
3 comments

Tim Montgomerie has been a leading advocate of a move from income to wealth taxes in recent months. In a recent article in The Times he dismissed what he described as fallacies about wealth taxes....
Kristian Niemietz
17 February 2012
18 comments

Economists often try to explain that the cost of a tax is not simply the sum of money we hand over to the exchequer. Almost all taxes cause distortions by interfering with our behaviour, and...
Kristian Niemietz
10 February 2012
6 comments

Imagine your neighbour buys a car, a new model which has not been tested yet. Over the next few months, you realise that he has nothing but trouble with it. The car is unreliable, inefficient and...
Philip Booth
23 December 2011
comments

Perhaps the wisest words in the wake of the financial crash by a religious person were written by Cardinal Pell when he said: “The only thing we can say is to repeat the central teachings of...
Steve Davies
22 December 2011
3 comments

  The kinds of negotiations and deals made between HMRC and large firms, which have been the subject of much attention lately, are essentially undesirable, especially when one compares this...
Tim Worstall
21 November 2011
4 comments

Bill Gates has announced that he backs the Robin Hood Tax - a financial transactions tax - to raise money to spend in the Third World. Indeed, he told the G-20 this, in a great big report. The...
Philip Booth
18 November 2011
4 comments

  Newsnight this week had, for them, a reasonably balanced piece on the proposed EU transactions tax on Wednesday evening. There were some people in favour and some against before an...
Philip Booth
1 November 2011
1 comment

In the midst of a eurozone sovereign debt crisis - caused largely by government profligacy - it is not surprising, but it is regrettable, that the German Finance Minister should call for more...
Philip Booth
20 October 2011
9 comments

The corporate tax systems of developed countries are a labyrinthine mess that often leads to double or even triple taxation of investors. Companies can pay corporation tax on their profits; if the...
Philip Booth
11 October 2011
10 comments

  Over the last few weeks, most economists have been trying to work out how we can deal with the crisis in the eurozone. Will the banks go bust if there is a sovereign default?...
Mark Littlewood
19 September 2011
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The Liberal Democrat leadership is in danger of committing a cardinal sin at their party conference in Birmingham. They are addressing their messages to delegates in the conference hall, rather...
Mark Littlewood
26 August 2011
1 comment

The Taxpayers’ Alliance has released some interesting research coming out of its 2020 Tax Commission. HMRC is simply failing to collect tax revenues – to the tune of about £25...