Today’s news agenda is going to be dominated by events in Alaska. My problem with this is that the meeting between Trump and Putin that
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Tax as the economic steering wheel
Politicians tell us taxes pay for public services. In reality, it does something far more important — it shapes our society. In this video, I
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Liked the parrot nailed to the perch; growth is no more. It is ex-growth.
As the Office for National Statistics reports this morning: UK gross domestic product (GDP) is estimated to have increased by 0.3% in Quarter 2 (Apr
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Banks cannot lend their depositors’ funds
Introduction I keep getting comments from people who claim that my suggestion that banks do not use funds deposited with them to make loans is
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The wealthy have not gone
As the FT has noted this morning: Fears of a massive non-dom exodus from the UK have been allayed by initial tax data, which suggests
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Opinion on the household analogy
Yesterday’s poll on the household analogy produced some pretty clear results. This was the voting on this blog: And this was the result on YouTube:
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Who shapes the news?
The Overton Window decides what can – and cannot – be said in politics. But who builds this “window of acceptability”? In this video, I
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Shock! Horror! Wealthy might have to pay tax!
I was amused by this opening to a report in the FT this morning: Wealth managers say their clients are increasingly worried the Treasury could
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The VAT loophole for the wealthy
Rachel Reeves is said to face a £40–50 billion budget shortfall. One fair, simple solution? VAT on financial services. Right now, banks, wealth managers, pension
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