41 per cent say spending should rise further and be funded by a specific hike, while 44 per cent oppose the idea.
In the post-leave springtime, it will be worth considering what would happen if all three were abolished and replaced by a single Turnover Tax.
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.
“Between 80,000 and 150,000 people work making steel in the US. Seventeen million are employed in industries which use steel.”
Its reputation and market share has taken a buffeting recently, but its position is recoverable.
Also: Bradley talks up pay cut for MLAs; Williamson to protect troops from SNP tax hike; Foster attacks Varadkar for overstepping in talks; and more.
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.
After our recent series asked ‘What should Tories tax?’, the Adam Smith Institute’s Head of Research kicks off a new mini-series seeking routes to lower taxes.
“But we are still in the tunnel at the moment. We have to get debt down. We’ve got all sorts of other things we want to do.”
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.
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.
The current system has brought benefits, but it can be improved upon. Getting it right will improve both equality of opportunity and fairness.