UK families earning 50-75 per cent of the average wage face the highest effective marginal tax rates of any OECD country.
Posts Tagged: Income tax
There is also significant support for some pretty extreme socialist policies among the wider electorate.
There are plenty of problems with a “transitional” EU arrangement – but immigration is by far the greatest
Not only do such deals routinely end up permanent, but striking one would require continued loss of control over our borders.
James Mackay: To help poorer people, the Chancellor should raise the marriage allowance, not the personal allowance
A Government which wants to ‘make Britain a country that works for everyone’ cannot allocate £4 billion of £6 billion to those in the top half of the income distribution.
The third piece in our mini-series on the Autumn Statement comes from the Centre for Social Justice.
Early assurances that he is serious about slashing regulations are also welcome.
Alex Morton: May should call an general election next spring. Britain’s economic position demands it.
She needs the larger majority that a poll would deliver if she is to achieve her programme at a time of pre-Brexit turbulence.
Devolving income tax could be a game changer that finally stops the left from masking their lack of achievement behind constitutional wrangling.
The salient point is that it is government intervention that raises the cost of living.
The fourth in our series of pieces on economic policy after the referendum decision.
May – a Joe Chamberlain in kitten heels? Who will serve in her interventionist Cabinet (and deliver Brexit)?
Hammond, Fox, Javid. How will a generation of politicians raised under Thatcher adapt to the new Prime Minister’s desire for an industrial strategy?
Also: Davies sets out Welsh Conservatives’ whole-life plan; Davidson closes gap with Scottish Labour; Northern Irish Labour rebel and contest elections; Scottish left clash over tax and oil; and more.
Despite what the Chancellor would have you believe, it didn’t really raise an extra £8 billion in its first year.
It felt more like a pre-election than a post-election one – and was shot through by a sense of the Chancellor’s political mortality.
The Chancellor should resist the temptation to ease the path to June’s referendum and further his leadership ambitions.