Taxation & Spending
Lower spending would deliver stronger economic growth
Some of the criticisms of the 2020 Tax Commission have argued that we are wrong to claim that lower taxes and spending are associated with higher growth. In particular, Nick Pearce – Director of the IPPR – argues that “the empirical evidence doesn’t support” that view. Unfortunately he hasn’t seen fit to address the mountains [...] Read the rest of this entry »
How fast can the Government spend your money?
Every day the Government spends huge amounts of your money, paid for with irresponsible borrowing and ruinously high taxes. Too much is wasted, but the sums involved can make it hard to appreciate just how much is spent. To help get our heads around the scale of public spending, we’ve put together a short video [...] Read the rest of this entry »
How fast can the Government spend your money?
Every day the Government spends huge amounts of your money, paid for with irresponsible borrowing and ruinously high taxes. Too much is wasted, but the sums involved can make it hard to appreciate just how much is spent. To help get our heads around the scale of public spending, we’ve put together a short video [...] Read the rest of this entry »
Stockton on Tees Council raises council tax by 3.5%
Referendum dodging Stockton on Tees Borough Council last night voted through a 3.49% council tax increase. If the proposed increase had been just 0.02% higher, this would have triggered a referendum where local residents would have had their say. Councillors want us to believe they rejected the offer of a government grant (worth the equivalent [...] Read the rest of this entry »
Sheffield Council cuts leaflet gets the thumbs down from residents
A month ago we commented on Sheffield City Council’s decision to send out over 230,000 leaflets to residents asking them for ideas on how to save money. The consultation period has now ended, and the BBC is reporting that only 1900 leaflets (0.8%) have been returned. As it cost £21,000 to print these leaflets, this [...] Read the rest of this entry »
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