Tax and Fiscal Policy

Ignore calls for a “pernicious” wealth tax


In the Media

Christopher Snowdon quoted in The Telegraph

In the Media

Annabel Denham writes for Reaction

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:

Read Mark’s press comment on the Wealth Tax Commission’s Final Report here: