Many Irish policymakers make the reasonable point, if it’s a simple matter of tax rates, then why haven’t more countries simply adopted this approach? It has been in place for decades, there’s been plenty of time.
“Our choice is not big government, high spending and high tax because we know that leads to less growth, not more. Instead we reduce debt, cut taxes and reward work.”
“Targeted investments will ensure the UK remains competitive in sectors where we’re already leaders and innovators in sectors where we’re not.”
He talks to GB News’ Camilla Tominey about the Government’s plans to get the economy growing.
By only allowing firms to claim in a three-year window, they are much more likely to simply move up purchases already planned than actually overhaul their spending plans.
Ministers need to drive up public-sector productivity via something-for-something pay deals, and support a supply-side revolution through non-inflationary tax cuts.
With Sinn Féin riding high on the back of voters’ dissatisfaction with the economy, the temptation to cash in Dublin’s corporation tax bounty will be great.
It will give the CMA almost unlimited powers to prosecute big tech companies. The Bill is a signal to stop investing in Britain.
The Government needs to cut taxes and do more to support domestic producers, not strangle the economy to master inflation.
“I’m a low-tax conservative”, the Prime Minister says in response to a question from one of our readers.
On some issues, he got it wrong. On other issues, he got it right but is misrepresented by some of his cheerleaders. And on other issues, he was right in the context of the time but circumstances have changed.
A major target of Government policy in respect of the domestic and trade economy ought to be the rebalancing of our unsustainable balance of payments deficit.
Combined with windfall taxes on both fossil fuel and renewable energy generation, Britain’s business tax regime is getting less, not more, competitive.
It’s clearly time for a course-correction. Taxpayers are told repeatedly that you can have low taxes or high-quality public services. But at the moment, we have neither.