Tax and Fiscal Policy

‘Sensible deregulation’ needed for higher growth, argues IEA expert


In the Media
Government and Institutions

Mark Littlewood writes in The Times

Christopher Snowdon appears on talkTV

IEA Head of Lifestyle Economics Christopher Snowdon has appeared on talkTV to discuss prospect of tax cuts and higher economic growth.

Christopher was pessimistic when asked about tax cuts, saying:

“the idea that Jeremy Hunt and Rishi Sunak are tightening the purse strings  and getting the public finances in order is a complete myth

“If you want tax cuts, you have to say what public spending cuts you want. I have some ideas on that, but I don’t have £177 billion worth of ideas,

“You’re better off focusing on getting GDP up rather than getting taxes down, in real terms we’re not going to get taxes down, but we can do so much with GDP, so much with economic growth – it just requires sensible deregulation.”

You can view Christopher’s full appearance here (29:24).