Ignore calls for a “pernicious” wealth tax
10 December 2020
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In the Media
Christopher Snowdon quoted in The Telegraph
10 December 2020
In the Media
Annabel Denham writes for Reaction
10 December 2020
Government and Institutions
Mark Littlewood writes for City AM
IEA Director General Mark Littlewood has responded to the Wealth Tax Commission’s suggestion that a “one-off” wealth tax should be introduced to foot the Covid-19 bill.
In an opinion piece for City AM, Mark notes that attitudes towards public debt among those on “the left” have changed drastically in the last decade – from claiming that it wasn’t a concern to insisting it is a problem that requires an immediate fix.
The pitfalls of a wealth tax – even if it were to be a “one-off” levy – are multitudinous, Mark argues, while casting doubt on the bold suggestion that it could pour £260bn into the Treasury coffers over five years.
Read the article in full here: https://www.cityam.com/pay-no-attention-to-the-left-wing-brigade-a-covid-wealth-tax-would-be-a-disaster/
Read Mark’s press comment on the Wealth Tax Commission’s Final Report here: https://iea.org.uk/media/a-wealth-tax-would-be-counter-productive-says-iea-expert/
In an opinion piece for City AM, Mark notes that attitudes towards public debt among those on “the left” have changed drastically in the last decade – from claiming that it wasn’t a concern to insisting it is a problem that requires an immediate fix.
The pitfalls of a wealth tax – even if it were to be a “one-off” levy – are multitudinous, Mark argues, while casting doubt on the bold suggestion that it could pour £260bn into the Treasury coffers over five years.
Read the article in full here: https://www.cityam.com/pay-no-attention-to-the-left-wing-brigade-a-covid-wealth-tax-would-be-a-disaster/
Read Mark’s press comment on the Wealth Tax Commission’s Final Report here: https://iea.org.uk/media/a-wealth-tax-would-be-counter-productive-says-iea-expert/
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