There is also a strong case for believing that it is risky if you have almost half of adults not paying income tax – the position we were approaching by the end of the Coalition.
Such as: reductions for business, such capital allowances to promote investment. And reductions on earnings, such as cuts to National Insurance.
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.
He was the most formidable Chancellor of the Twentieth Century and a titan of the modern Conservative Party – voting for Sunak and endorsing his approach in last summer’s Tory leadership election.,
Hers is a flimsy proposition that Team Rishi could easily defeat, if only they had something substantial to put in its stead.
Over this period, the UK’s economic growth was level with the US’s and exceeded the other five members of the G7. In other words, on international comparisons, we did well.
We need to give more time and resource to those bringing up children. Such parents need a much better package from the state to look after a baby in the first year of its life.
It would lay the foundations for a more equitable tax system, as well as helping to boost post-Covid economic growth.
The Conservatives should think about the implications of what would happen if Labour got serious on this issue.
Conservative messaging implies an implicit belief that there are no major state functions ripe for reform in any fiscal repair.
Modest consolidation over decades is one thing; large increases over a Parliament would be quite another.
In the first piece of a mini-series, our guest author also argues the Government should look again at IR35, and make it more worthwhile to work.
Who will their taxes really hit? How much will they truly raise? And can this really be described as a ‘moderate’ agenda?
He will probably judge it better to keep a conservative spending message and dial down on the more radical green growth programme. Which would require her to make a painful U-turn.