I was asked recently by an email correspondent if a government that uses taxes to control inflation will always end up taxing the middle class
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The Alternative Budget 2025, Part 3: Creating a new fiscal framework
Rachel Reeves will be presenting her Budget on November 26, if the Labour government of which she is a part lasts that long. I will
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The Alternative Budget 2025, Part 2: Understanding tax and ‘borrowing’
Rachel Reeves will be presenting her Budget on November 26, if the Labour government of which she is a part lasts that long. I will
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Why Rachel Reeves is making a mess of things
I was invited onto LBC Radio this morning to discuss whether we needed a Budget. Presenter Matthew Wright, who seems to be keen to have
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Laffer’s curve: the tax myth that promoted inequality
Arthur Laffer’s “curve” is one of the most destructive ideas in modern economics. Sketched on a napkin in the 1970s, it claimed that cutting tax
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Tax, Budgets and Scotland
I did this podcast with Xander Elliards of The National on Monday (and I wish they’d told me my lens was dirty: I had no
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While the world watches the circus, the country is falling apart
I have suffered from a very strong feeling of late, which is that it is becoming very hard to escape the theatre of political distraction
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Is Apple worth $4 trillion?
Apple has crossed a $4 trillion valuation. That’s $495 for every single person on Earth — if we all shared it. But we don’t. This
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Tax, redistribution, the relationship between the two, and why it matters
A new commentator on this blog, called Sammy, asked last night: I often hear a version of the phrase used in the blog, where the
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