Taxes should be cut rather than spending or risk another recession, according
to former Monetary Policy Committee member David Blanchflower.
Blanchflower said the coalition government must offer workers a “tax holiday
” to encourage spending and growth, he wrote in an opinion piece
“Cutting public spending and raising taxes at this point in the cycle is
inevitably going to lower economic growth and raise the number of jobless. It’s
that simple,” said Blachflower.
He also wants national insurance contributions cut to 5% for two years ”
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states