Government’s ‘Tax Bombshell’ Could ‘Kill Growth’
2 August 2024
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Government and Institutions
In the Media
Len Shackleton quoted in The Telegraph
2 August 2024
Economic Theory
15 August 2024
Tom Clougherty quoted in The Express
IEA Director Tom Clougherty was quoted in The Daily Express on the potential growth-killing effects of a possible take increase under the new Chancellor Rachel Reeves.
Tom said:
“The government’s discovery of a black hole in the public finances is as disappointing as it is predictable.
“There is no surprise black hole – all of these spending pressures were well known in advance. It’s a simple question of whether the government favours fiscal restraint or higher taxes. We will find out soon enough.”
You can read the full article here.
Tom said:
“The government’s discovery of a black hole in the public finances is as disappointing as it is predictable.
“There is no surprise black hole – all of these spending pressures were well known in advance. It’s a simple question of whether the government favours fiscal restraint or higher taxes. We will find out soon enough.”
You can read the full article here.
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