Conditions for growth are not a mystery – we have seen them in the UK in the recent past. This … Continue reading “The Chancellor’s Post-Pandemic Choices”

In response to reports that the Chancellor has ordered a review into Capital Gains Tax, Professor Philip Booth, Senior Academic … Continue reading “Capital gains tax “should be abolished”, says IEA Senior Academic Fellow”

The government is floating the possibility of abolishing entrepreneurs’ relief in this week’s Budget. In my view that’s putting the … Continue reading “Abolish entrepreneurs’ relief – but not in isolation”

Most of us believe that some tax is required to fund government spending and some taxes are better than others. … Continue reading “Reforming Britain’s Tax System”

Mariana Mazzucato is a well-known Professor of the Economics of Innovation at the University of Sussex. She advises the Labour … Continue reading “There are few things in positive economics that are settled – except that there are few things that are settled”

The Liberal Democrats have proposed raising the top rate of capital gains tax (CGT) to 35 per cent in order … Continue reading “It’s Lafferble: Why hiking capital gains tax would only depress revenues”

I do not agree with taxes on wealth as a matter of principle. In general, increases in wealth come from … Continue reading “The Cable-Montgomerie-Balls tax: bottom of the worst-buy list of tax policies”

It appears that the new coalition government remains committed to increasing the rate of Capital Gains Tax (CGT) to a level in line with … Continue reading “Why increasing Capital Gains Tax could actually reduce revenues”

Organising a coalition agreement is never easy. There has to be give and take on both sides. However, the Conservatives … Continue reading “A warning against Coalition policy on Capital Gains Tax”