The tax take is at its highest ever, and yet the Government is looking at ways to raise yet more taxes.
Posts Tagged: Income tax
In the final instalment of our new mini-series on families and tax, the authors explore how errors in the current arrangements might be fixed.
In the first instalment of our new mini-series on families and tax, the authors look back to where Nigel Lawson’s 1988 reforms went wrong.
We’re not only better than others at making choices about how to spend our own lives and money – it’s also extremely important for us to be able to do so.
They assume that no deal would be a disaster, but in fact the £40 billion we’re set to pay the EU could be a real boost to the British economy.
“It would be wrong if we blunt those wealth creators who are not only making wealth, but are also paying taxes.”
Neil O’Brien: We Conservatives need to refresh ourselves to stop Corbyn. That’s why Onward is being launched.
Even in lefty France, socialist policies are now being dumped by Emmanuel Macron in favour of free markets. Now is the time to develop our next round of big ideas.
There is a suspicion that the Government wants to talk about other things – and a significant amount of attention is of course already being consumed by Brexit.
Which taxes should Tories cut? 3) Julian Jessop: Reduce sin taxes and property taxes to give the economy a fillip
The final article in our series argues that while the primary focus should be deficit reduction, there may yet be room to make life a bit easier, particularly for the poorest.
The second piece in our series on reducing taxes also argues that in the longer term we should seek to return to a two-rate Income Tax system.
Wanted: a grand bargain with voters, whereby some rises at the top end are traded off for others nearer the bottom.
Our mini-series this week revealed points of broad consensus and points of approaching conflict on the centre right in terms of how the tax burden is distributed.
A Council Tax revaluation, and higher bands for higher value properties, would be an acceptable price to pay in return for the abolition of Stamp Duty, too.
Unless we change how we think, speak and apply lower taxes, the Labour cry of ‘tax cuts for the rich’ will remain a powerful slogan.
What should Tories tax? 1) Sam Hall: Let’s aim to help poorer people, deter harmful behaviour – and be fiscally responsible
In the first instalment of a three-part mini-series, Bright Blue’s senior research fellow explores how tax reform could rebalance the fiscal burden.