Abolishing IHT would look extraordinarily out of touch to those struggling to pay their bills or worried about the state of the public services – and would undermine any claim to fiscal responsibility.
Dowden, standing in for Sunak, did not dare to be dull by telling us what this Government is for.
Such as: reductions for business, such capital allowances to promote investment. And reductions on earnings, such as cuts to National Insurance.
I suggest an “all-monetarist shortlist” for appointments to the Monetary Policy Committee in the near future, to address the collective delusions that blessed us with this current bout of inflation.
It is time that Conservatives accepted, once and for all, that juicing supply is not and will never be a solution to a decades-long supply shortage.
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.
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.,
Combined with windfall taxes on both fossil fuel and renewable energy generation, Britain’s business tax regime is getting less, not more, competitive.
The Tories of the 2030s will need to make a complete clean break with the 1980s. We can think new ideas – and return to older ones to conserve and protect the institutions that make up the social fabric of this country.
It exercises its independence selectively, and losses can generate a huge bill for taxpayers with no oversight from ministers.
Recent governments have strained to take ever-larger numbers out of income tax whilst maintaining a large welfare state. The problem is whether this is sustainable.
Those who believe the world’s heritage should be curated by universal museums hold hardcore ideologised radical views.
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.
The twenty-sixth article in a new series on ConHome about how government might be made smaller, taxpayers better off and and society stronger – through strong families, better schools and good jobs.