It is not especially low tax, nor is it unregulated – though it is certainly a more business-friendly environment then the UK. Here is why it works.
After leaving the EU, we must ensure we are well-positioned in terms of regulation, taxation, immigration and – crucially – foreign languages.
Conservative values underpin what it can achieve – whether in apprenticeships, manufacturing exports, jobs or contributions to good causes.
Supporting businesses to start and grow is a key part of our modern industrial strategy.
We should put the proceeds in a special Redistribution Fund to spend either on public services, or on poorer communities, or cutting taxes for the lower paid.
The Opposition want to raise it to double the level of our nearest neighbour whilst simultaneously making our labour market much more restrictive and expensive. During Brexit.
The Prime Minister’s manifesto will have its flaws, but she has grasped the implications of Brexit more surely than any other senior politician.
If she tries to work through populist edicts and diktats, she will fail. And if the Right argues that a few tax cuts for the richest will solve our problems, this will be no better.
Now is the time to spread more of the success beyond the South East.
Early assurances that he is serious about slashing regulations are also welcome.
It’s also a reminder of how fortunate we are to be leaving this overbearing organisation.
The fourth in our series of pieces on economic policy after the referendum decision.
You can only come back in politics if you have first left. And it’s better to take the decision yourself rather than have it forced on you.
The fourth in our series of pieces on economic policy after the referendum decision.
In the first instalment of a three-part mini-series, Bright Blue’s senior research fellow explores how tax reform could rebalance the fiscal burden.