This is how the TUC make the numbers stack: There’s more on this here.
The non-domicile problem is still big, and HMRC say it isn’t going away
Two very contrasting views on the non-domicile rule have hit the press today. Accountancy Age have reported a press release from tax lawyers Pinsent Mason saying:
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The Lords say the OECD’s international tax review is overdue and urgent
In the Lords report on the General Anti-Abuse Rule, out this morning, they note that the GAAR will have only limited impact on international tax planning
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The Lords say the General Anti-Abuse Rule’s a step in the right direction – clearly expecting more in time
It took a long time, a lot of lobbying and some luck to get a general anti-avoidance rule (or General Anti-Abuse Rule as it now is) onto
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Modern Monetary Theory means we need never tolerate unemployment
It took me a little while to realise I am what is now called a Modern Money Theorist. There’s a good summary of this thinking here of which, perhaps,
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Financial Times finds evidence of huge flight of rich after French tax hikes (or does it?)
The FT’s suggested the rich are rushing to leave France in an article entitled “Top executives join France exodus.” It focuses quite heavily (though not
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David Cameron is wrong about almost everything – even the Magic Money Tree
Martin Wolf is robust this morning in the FT: David Cameron’s “there is no alternative” speech last week on the UK economy has aroused much criticism. This
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The right to own property is conditional on paying the tax due
I have often argued that the right to private property is conditional on having paid the taxes due to acquire that right of ownership, whether
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A woman at Number 10?
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Richard Murphy
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