According to the originators of the Labour policy, the owner of a £300,000 house would be liable for tax of £4,950 a year.
Posts Tagged: Fiscal Policy
WATCH: Ici Londres – All taxes fall on people. Obvious? Not to the Labour Party, says Daniel Hannan.
Tax isn’t paid by companies, any more than the television licence is paid by televisions.
The Labour manifesto isn’t just full of bad ideas, it’s based on dubious or non-existent costings. At least it makes their grassroots happy.
“In light of what has emerged as a clear view among colleagues and a significant section of the public, I have decided not to proceed…”
Ben Roback: Trump should turn his attention to passing his budget, instead of stumbling from crisis to crisis
Republicans will need the support of some Democrats to get a budget through Congress
Our current deficit could easily double in a less benign economic climate. Failure to take tough action would be reckless.
Plus: Is Hammond’s deficit reduction strategy right? Is Trump a good or bad thing? And should May call a snap election?
The first piece in our mini-series on reducing the deficit explores ideas from addressing ‘grey welfare’ to closing Whitehall departments.
UK families earning 50-75 per cent of the average wage face the highest effective marginal tax rates of any OECD country.
Suella Fernandes, James Frayne, Hannah David, Ryan Shorthouse, Andrew Allison and others give their verdict.
Having two major fiscal events a year creates uncertainty and tempts Chancellors to pursue gimmicks.
If they became independent, it would require drastic action to balance the books.
Circumstances have conspired to prevent Britain discovering what unrestrained Osbornism would be like.
The first article in our new series looks at the financial risks of voting to stay in the EU.
The Government finds itself boxed in by its own decisions.