{"id":31945,"date":"2016-01-11T09:48:20","date_gmt":"2016-01-11T09:48:20","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=31945"},"modified":"2016-01-11T09:48:20","modified_gmt":"2016-01-11T09:48:20","slug":"117-billion-needs-to-be-better-spent","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2016\/01\/11\/117-billion-needs-to-be-better-spent\/","title":{"rendered":"\u00c2\u00a3117 billion needs to be better spent"},"content":{"rendered":"<p>The FT <a href=\"https:\/\/next.ft.com\/content\/3c98dab8-b613-11e5-8358-9a82b43f6b2f?ftcamp=crm\/email\/2016111\/nbe\/WorldNews\/product\" target=\"_blank\">carries a headline this morning<\/a> that says:<\/p>\n<p><a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2016\/01\/11\/117-billion-needs-to-be-better-spent\/screen-shot-2016-01-11-at-09-42-31\/\" rel=\"attachment wp-att-31946\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-31946 size-large\" src=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2016\/01\/Screen-Shot-2016-01-11-at-09.42.31-550x111.png\" alt=\"Screen Shot 2016-01-11 at 09.42.31\" width=\"550\" height=\"111\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2016\/01\/Screen-Shot-2016-01-11-at-09.42.31-550x111.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2016\/01\/Screen-Shot-2016-01-11-at-09.42.31-300x60.png 300w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2016\/01\/Screen-Shot-2016-01-11-at-09.42.31-800x161.png 800w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2016\/01\/Screen-Shot-2016-01-11-at-09.42.31-200x40.png 200w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2016\/01\/Screen-Shot-2016-01-11-at-09.42.31.png 1392w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><\/p>\n<p>Rightly, the article says that calls for a review of the spends is overdue.<\/p>\n<p>I agree. It is one reason why I have proposed an <a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/category\/office-for-tax-responsibility\/\" target=\"_blank\">Office for Tax Responsibility<\/a> and a separate ministry responsible for taxation so that proper account can be created for such spends.<\/p>\n<p>But what bemuses me about the article is the fact that when Jeremy Corbyn called for such a review it was condemned. When anyone else does it is prudent thinking.<\/p>\n<p>What we actually need is a thorough review of such spending, the Treasury and how tax is managed and like it or not the only people saying they will address issues in that way right now are Labour. Others need to join in, rapidly, given the scale of the issue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The FT carries a headline this morning that says: Rightly, the article says that calls for a review of the spends is overdue. I agree.<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2016\/01\/11\/117-billion-needs-to-be-better-spent\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,107,156],"tags":[],"class_list":["post-31945","post","type-post","status-publish","format-standard","hentry","category-economics","category-hmrc","category-office-for-tax-responsibility"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/31945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=31945"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/31945\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=31945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=31945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=31945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}