The Telegraph reports Today is ‘tax freedom’ day: Employees start to see their earnings go into their own pockets rather than to the Government from Thursday, low-tax campaigners said. The Adam Smith Institute declared May 30 “Tax Freedom Day” – a day later than last year and the latest it […]
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Budget 2013: The Headlines
The following was provided by the Conservative Party in summary of the Budget 2013. In a tough economic situation, the British people know there are no easy answers or short cuts. But we are succeeding, slowly but surely, in fixing those problems. We’ve now cut Labour’s record deficit by not […]
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Taxes, currency debasement and the OFT report on pump prices
Via the Office of Fair Trading, Rises in pump prices for petrol and diesel over the last 10 years have been caused largely by higher crude oil prices and increases in tax and duty and not a lack of competition, an OFT report has found. and, emphasis mine, The OFT […]
Read MoreBucks County Council extends council tax freeze
This week Buckinghamshire County Council (BCC) announced its budget plans for 2013/4. Keeping money in people’s pockets during these tough economic times is an essential part of ensuring the continued prosperity of Buckinghamshire. It is also welcome to see that the Conservative 2010 General Election pledge to freeze council tax […]
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A new debate is emerging on the scope of the state
Few people would tolerate a country in which the poor starved or went homeless and yet in Wycombe food is provided by the One Can Trust and emergency winter shelter by Wycombe Homeless Connection. Last time I divided the social security budget (£207bn) by the number of people in poverty (13m), […]
Read MoreGreg Clark on Labour’s tax policy
Via House of Commons Hansard Debates for 28 Nov 2012 (pt 0003), Labour is, to its core, the party of tax and spend, and, to be fair, it takes a very consistent view of both sides of the equation. With regard to spending, it is always a matter of “How much?” […]
Read MoreVia City A.M. – Boris on Starbucks and DC on judicial review
On the cover of City A.M. this morning, Boris Johnson argues that Starbucks must do more for the UK. Apparently, the Mayor said of Starbucks, “It needs to reflect very fast and very seriously on its position…Either it makes a change in its tax arrangements or does a lot more […]
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I won’t support Labour on fuel duty – or duck the issue of spending
Today, we’ll be debating an Opposition Day motion on fuel duty, which I want cut. It’s shocking that 60% of the pump price of petrol is tax. Nevertheless I won’t be supporting Labour. It’s one thing to be supported by Labour on a important constitutional point — Parliament’s control over […]
Read MoreTwo speeches on sound money, the morality of taxation and the cruel fiction of state power
I spoke yesterday to the European Young Conservatives on the origins of the crisis in excess state power, deficit spending, debt and debasement. Here are the slides: And this morning, I spoke on the morality of taxation alongside Syed Kamall MEP, Cllr J P Floru and Matthew Elliott of the TaxPayers’ Alliance. […]
Read MoreSpeech on tax avoidance and evasion
From my speech yesterday on tax avoidance and evasion: The heart of this debate is the question of altruism. My feeling is that Members of all parties often feel that people constructing sophisticated avoidance schemes are insufficiently altruistic. There are a wide range of perspectives on that. Rarely in this […]
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