Taxation, Government Spending and Economic Growth

The Institute of Economic Affairs has today published a ground-breaking report which calls for the abolition of a raft of taxes, to be replaced with a simpler, less burdensome tax system. Download the full report for free here: https://iea.org.uk/publications/taxat…



Leading economists, including Patrick Minford, David B. Smith and Professor Philip Booth, have undertaken a rigorous and data-driven study of the true size of the state – and the real impact of how government spending and regulation affect the wider economy.

Furthermore, they have undertaken a major and original statistical analysis of the economic costs of high taxes and, equally importantly, which taxes cause the most economic harm. The report then maps out a plan for a fair, liberal and welfare-maximising tax system.