Why not conceive of the state as essentially a regulator and provider of services, dressed up in such odds and ends of holy writ as pass the smell test – one tax base under the NHS and the Equality Act?
From Margaret Thatcher and Ronald Reagan to Friedrich Hayek and Adam Smith, the wisest economic liberals have always been pragmatic about international competition.
The changing global landscape should refocus our policy on the factors that are need to improve the investment outlook – such as sound macro polices and the level, predictability and simplicity of tax.
The Government needs to cut taxes and do more to support domestic producers, not strangle the economy to master inflation.
In terms of fiscal policy, if the wider economic picture does not allow the debt to GDP ratio to fall, then the focus of the markets will be on the need to keep the public finances in shape.
“I’m a low-tax conservative”, the Prime Minister says in response to a question from one of our readers.
He was the most formidable Chancellor of the Twentieth Century and a titan of the modern Conservative Party – voting for Sunak and endorsing his approach in last summer’s Tory leadership election.,
Ministers must make a priority of controlling our borders and stimulating growth with a tax-cutting, pro-enterprise agenda.
“Long term, sustainable, healthy growth that pays for our NHS and schools, finds jobs for young people, and provides a safety net for older people all whilst making our country one of the most prosperous in the world.”
Jeremy Hunt presents to Parliament the Government’s plan centred on his so-called Four Es: Enterprise, Education, Employment and Everywhere.
Miles Bassett is not alone in claiming that an excess of libertarianism is at the root of our problems. But the Government’s record refutes the claim.
A hypothetical, perfectly average 58-year-old could have increased their wealth by 40 per cent between 2017 and 2022, and paid very little tax, all by following the rules.
One ex-minister described the corporation tax rise to me as “categorically the wrong decision”. But the same old question for backbenchers remains: what will you sacrifice for tax cuts?
Left-wing governments’ response to the financial crisis ignored economic reality and condemned our country to a decade of misery.