Is the BBC Worth The Money?

The BBC will no longer be free to pensioners, they will soon need to pay the £155 a year Licence Fee that every other household pays. That the licence fee is a tax should be obvious. Everyone has to pay...

Can We Stop The Idiocy About The Laffer Curve Please?

That working out where the peak of the Laffer Curve is is difficult is entirely true. That it's going to be different for each tax in each different legal and societal set up is also true. But that doesn't...

Exactly 14 People Believe UK Taxes Are Too Low, By Exactly £11,069

There are many people who tell us that taxation in the UK is too low. Just think of all the gorgeously bureaucratic things that could be done if only the government had more money! Then there's the number of...

Ain’t Tax Justice UK Perceptive? Tax Breaks For Millionaires Go To Millionaires!

You'd think that people campaigning about taxation would be able to understand the basics of taxation, no? Although, given the competition from people like the Senior Lecturer perhaps not. But this is still pretty good even given those strictures....

Try Taxing The Rich And They’ll Bugger Off – And Why Shouldn’t They?

One of the amusing little asides in the economics of taxation is that we here in Europe have rather higher tax rates than they do over in the United States. Yet the structures of our tax systems - more...

Tax Frozen Libyan Assets To Compensate IRA Victims? Nope, No Way

There's a suggestion that we should be using the tax collected upon frozen Libyan assets to compensate victims of IRA attacks. Attacks made, so it is said, by the Libyan provision of funding and weapons to the IRA, the...

Every Chancellor Just Loves Fiscal Drag

A basic truth about taxation is that any and every Chancellor just loves, adores, fiscal drag. Which comes in two forms. The first is that inflation exists - indeed it's public policy that we shouldn't have price stability and...

70% Marginal Tax Rates Don’t Mean The Rich Pay More Tax

Varied - Alexandria Ocasio Cortez, Elizabeth Warren, Bernie Sanders, you know, the brain dead end of the Democrats - seem to think that if you just whack up the rate of tax on the top taxpayers then you'll get...

Oh Dear, Rutger Bregman At Davos Is Ignorant Of Hauser’s Law – High Tax...

We've an historian, Rutger Bregman, sounding off at Davos and there's a certain problem with his point about high tax rates. For he seems to think that having high rates means more money is collected - this is not...

The Mail Is Dismally Ignorant Of Corporation Tax

The Mail on Sunday tells us that some alarming number of companies in the FTSE100 aren't in fact paying tax in the UK. Which does seem a little odd until you realise who it is that they're complaining about....

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Supply And Demand In The Love Island House

If you are not familiar with the reality show Love Island it is a simple closed economy experiment. Here being in one half of...