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 ”
HMRC compliance crackdown targets SMEs, resulting in £468m for year ending 31 March 2016
Report argues that the government must change the way it makes tax and budget decisions
Committee expresses concern about costs to businesses and April 2018 implementation date
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit