Tax and Fiscal Policy

Government should cut taxes to galvanise business growth


In the Media

Dr Richard Wellings quoted by the Express

In the Media

Victoria Hewson quoted in the Sunday Telegraph

Alexander Hammond quoted by the Telegraph

Ahead of the Budget on Wednesday, the IEA’s Policy Advisor to the Director General Alexander C.R. Hammond said the Government should cut taxes to galvanise business growth.

Hammond argued that this would live up to the Prime Minister’s promise to open up Britain for trade around the world and provide jobs in neglected areas of the country, in line with the Conservative Party’s “levelling up” pledge.

He added: “So far the Government seems to be focusing on large infrastructure spending and less on cutting taxes, but incentives like these are proven to affect behaviour.”

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