Author Archives: Richard Wellings

Richard Wellings

An Independent View from the IEA: Enterprise needs liberalism – but are the Liberal Democrats liberal?

By Richard Wellings | Sat 3rd April 2010 - 8:45 am

The Liberal Democrats should be applauded for focusing on business in their new policy paper, Enterprise in a fair society. In the context of the current economic crisis, the document reminds us that businesses produce the wealth that not only raises living standards, but also funds health, education and so on – a lesson arguably ignored by New Labour as they burdened firms with more and more taxation and red tape.

There are some excellent ideas. Of particular note is a proposal to incorporate a sunset clause into each new business regulation so that it is time limited. This could …

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Posted in Op-eds and The Independent View | 49 Comments
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  • Slamdac
    If we are going to link citizenship to taxes, I would also link benefit entitlement to citizenship. If you are not a British Citizen then you don't get benefits...
  • Peter Davies
    Did anyone notice among the small things that he introduced a 2% "Definitely not Income Tax" as a way of not breaking the manifesto promise to not raise income ...
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    2% pa growth needs 2%pa increase in energy use: doubling every 35 years......
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  • Peter Davies
    What you did get right is talking about incentives in terms of the amout you keep rather than the amount taken in tax. A percentage point rise in a 20% tax rais...