The problem is that spiralling spending demands quickly use up the options which voters don’t notice. Eventually you need other big sources of revenue,
Posts Tagged: OECD
It would be easy to write off the attitude of both as ‘only little earthlings pay taxes’, but the current taxation system allows them to get away with it.
Chris Skidmore: To keep up with our G7 colleagues, we must increase our spending on innovation and research
Currently the UK spends around 1.7 per cent of its GDP on R&D. Yet the US and China are heading towards three per cent GDP, and others even more.
Stephen Booth: To reach a best in class trade deal with New Zealand and Australia, we need to liberalise on agriculture
The crux of the trade negotiations is to what degree we’re prepared to do this – in return for a high-quality agreement on trade in services, data and investment.
This is the second in a three-part series on how to boost our economy after Coronavirus.
The Government must encourage a resurgence of enterprise – to enhance the chance of a rapid recovery.
After a decade of forward guidance, credit easing and quantitative easing, it was clear even before the Covid-19 crisis that monetary policy had run out of road.
Liam Fox: League tables, death rates, bed numbers – and other mistaken media measurements. Let’s stick to the facts.
Often, these are not only hugely inaccurate, but paint a damagingly distorted picture which can influence public opinion and, through doing so, public policy.
The economy and the virus. Tear up the rulebook – we need Big State Government on a scale unknown in modern times.
The implications of the crisis are such that Johnson and Sunak need not so much to think outside the box as to trample it to tatters altogether.
A new study by a former senior adviser to two Tory Chancellors gets itself back to front. Inequality is not so much a cause of processes as a consequence.
Chloe Westley: A message to Remain politicians and their second referendum plot. Vote Leave Two would end your careers.
These politicians have no idea about the wave of contempt that will engulf them, just as they didn’t understand England outside the M25 in 2016.
It’s time for us to acknowledge that it is a response to our own failures – and to listen to voters who are opting for it.
We must turbo-charge the vehicle of British entrepreneurship as we drive across the Brexit bridge which should connect us with the rest of the world.
Cameron’s insistence on binding Britain to the OECD has undermined not just May’s vision for overseas development, but his own.
Andrew Green: A soft Brexit would mean mass immigration – of over 100,000 people a year net until the late 2030s
Our population could grow by just over 11 million by 2039 – two thirds of which would be the result of the direct and indirect effects of immigration.