It allows politicians to squeeze voters whilst lying about being tax-cutters at election time.
A full merger is the logical destination. That would be simpler, more honest and more modern.
The Budget has prompted further disarray in the Labour Party. But they do show a willingness to “compromise with the electorate”.
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.
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.
Of course, mistakes are made, and governments get things wrong – but there is also a duty to make sure that the good gets out into the public sphere too.
The salient point is that it is government intervention that raises the cost of living.
For the first time this year, the money Britons earn will go into their pockets, not the taxman’s.
It makes no sense to deny better off couples child benefit – and then hand some of them child care tax breaks.
A number of well-known multinational companies are currently in the news for all the wrong reasons. The reason why is that despite their thriving UK-based businesses they pay very little tax in this country. Understandably, businesses that do pay much higher rates of tax to the Exchequer are not best pleased, pointing out the obvious and unfair […]
Exactly a decade after forming a government with the Conservatives, the Liberal Democrats are languishing on the political fringes – where did it all go wrong?