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George Osborne's best forgotten idea: raise income tax and cut National...

Two days until the Budget, and from what I can tell, it's mostly all decided already. As I wrote earlier, the signs now are that George Osborne has won. The 50p rate will be cut, there'll be a bit of...

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A lesson from Margaret Thatcher and Scotland: time for a flat tax, Mr Osborne

Some urban myths are so deeply entrenched that it makes one weary to even contemplate debunking them. One such is the idea that Mrs Thatcher used the Scots as a pilot experiment for the "hated" poll...

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Budget 2012: what Labour will do about a cut in the 50p tax rate

Interesting post from Daniel Knowles wondering how Labour will respond to George Osborne's expected cut in the 50p tax rate. It's true that Ed Miliband, barring a last-minute change of mind, won't...

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How our tax system hurts workers and rewards rentiers

Here's a hypothetical question: if you inherit a house, worth a million pounds, and rent it out for £50,000 a year, should you pay more tax on that income or less than someone who works an 80-hour week...

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Obama demands to see Romney's tax returns. Perhaps it's time Romney asked to...

Mitt Romney says that in the last ten years, he’s paid at least 13 percent in income taxes. Only 13 percent?! The New York Times reports that figure with the remarkable sub-clause, “which is a higher...

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PMQs: David Cameron talks about cutting taxes. How?

PMQs is getting a bit repetitive, but repetition has its uses. In politics, it allows arguments to be honed, positions to be clarified. So it is with Dave vs Ed on the cost of living. The PM is looking...

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Will moving 'green taxes' to the tax bill be a prelude to dropping them?

No doubt it seemed a good idea at the time: certainly I can remember it being presented as a stroke of genius when Gordon Brown's government came up with the idea of adding the so-called green taxes to...

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50p tax rate: Can Labour win by bashing the rich?

  From my Morning Briefing email: subscribe here Now what? Labour has allowed Ed Balls to put politics before economics, and must face the consequences. Promising to put the top rate of tax back up to...

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Labour's 50p tax hike may be crazed, immoral class warfare, but it makes...

And so the Miliband terror begins. The hard Left's Owen Jones – the tin-pot Trotsky of our times, or Citizen Smith with an iPhone – has already declared that people millionaires who oppose Labour's 50p...

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Revealed: the tax that David Cameron should be cutting first

There's something very strange about Britain's economic recovery. To put it simply, we've got amazing unemployment figures (today's only confirm the trend) but pitiful income tax receipts. Or, to put...

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