Keep them low where possible; find the optimal point on the Laffer Curve; avoid taxes which are expensive to collect; and undo the harm of Stamp Duty and Inheritance Tax.
Posts Tagged: Arthur Laffer
It is the spending that needs to be controlled and reduced, rather than taxes increased yet further.
The tax take is at its highest ever, and yet the Government is looking at ways to raise yet more taxes.
If Italy really is to make a radical, momentous break with the Euro, sooner or later, voters should explicitly endorse the move.