Tag Archives: tax reform

A liberal approach to corporation tax reform

As the values of liberalism direct us towards what David Laws highlighted as the four pillars of liberalism – social, political, economic and individual, we must identify a fine balance between all four. The application of tax reform, of all kinds, must be utilised as a means to desirable ends. Here, we must also look to the reasoning of taxation, of which there are two prominent reasons; to collect money to fund social programmes and to discourage certain behaviours. The discouragement of actions by taxes is, of course, an uncomfortable idea, for why is the government so moral as to …

Posted in Op-eds | 15 Comments

The decline of the high street: a liberal solution

The death of the great British high street is an event rarely out of the popular press, and it has been so for a decade.

Mary Portas was appointed in a hail of publicity by David Cameron to find ways to save the high street as far back as 2011, nothing came of that and the problem has become much worse since the increase in business rates introduced last year, the creation of the national living wage and the dent to consumer sentiment caused by the UK’s vote to leave the European Union.

Now I quite like the national living wage announced …

Posted in Op-eds | Also tagged | 62 Comments

Campaigning for higher and fairer taxes?

We need to talk about tax. The IMF’s annual report on the UK economy recommends that taxes should be raised, in order to reduce the deficit further without cutting public investment and services. Philip Hammond, it is reported, would like to do so; but he is opposed by the ideological (and Eurosceptic) right of his own party, and by the influential group of free market think tanks who were cheerleaders for the Brexit campaign.

The Taxpayers Alliance and the Institute of Economic Affairs have repeatedly argued that it’s impossible to raise more than …

Posted in Op-eds | Also tagged and | 45 Comments

Opinion: tax and benefit reform to help tackle youth unemployment

In a two-part investigation, Joe Bourke looks at youth unemployment. Sunday’s part two will have details of policies designed to provide guaranteed employment for 16-24 year-olds. In part one, we discuss changes to the tax system that would make such policies affordable.

If the 2012 budget sees the personal allowance increased to £10,000 we will have achieved a key plank of the 2010 manifesto and provided some welcome relief to the squeeze on incomes that has come not least from the increase in VAT to 20%.

Whether the increase in the personal allowance is achieved in this budget or subsequently, we will soon need to …

Posted in Op-eds | Also tagged , and | 8 Comments
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