I’m cautiously optimistic about the rumoured plan of a 2.5% drop in VAT. It sounds like a good move to me, for several reasons. One thing a VAT cut won’t do is lead automatically to a reduction in prices. Most food isn’t VAT-rated and it is hard to believe that a CD priced Â£9.99 this… Continue reading Cutting tax is not a zero sum game
Both today are calling for Land Value Taxation, or at least they seem to be. The Scottish Greens certainly are. Municipal tax reform in Scotland remains in deadlock and dependent on at least one other party agreeing with the principle of local income tax. That seems unlikely at the moment, even if the Lib Dems… Continue reading What do the Scottish Greens and Guido have in common?
I was on MoreFourNews this evening, talking about Channel Four News’ YouGov poll of marginal constituencies: (it’s all televisual LIES by the way – the whole thing was done in green screen in ITN’s underground Danger Room. I half expected Gollum to virtually take part as the fourth guest.) Because the poll is mainly focused… Continue reading C4 News Poll: Cable for Chancellor! (UPDATE)