Yesterday I wrote about how Liz Truss and Kwasi Kwarteng had got into trouble despite seemingly having a shared vision. To be absolutely clear, whilst I find politics and economics both very interesting discussions, my aim in that article and this isn’t to provoke debate on those two things but rather to try and suggest… Continue reading Greed, taxes, values and vision
Tag: tax cuts
Where did it all go wrong for Kwasi Kwarteng -and what can we learn from it?
o, Kwasi Kwarteng’s short and eventful time in office as Chancellor of the Exchequer is over. How did it go so wrong? Here was a man who was both a close friend of the Prime Minister and was united with her in a shared vision for how to take Britain forward economically. That vision was… Continue reading Where did it all go wrong for Kwasi Kwarteng -and what can we learn from it?
Preaching Party Politics
I’ve heard reports that the Chancellor of the Exchequer’s statement on Friday received robust responses from pulpits around the country on Sunday. It seems that the responses themselves didn’t go down too well with one old man being heard to take their preacher to task and announce to them that they were a life-long Tory.… Continue reading Preaching Party Politics
How helpful will a 1p tax cut be?
One of the measures that the Chancellor of the Exchequer announced in his financial statement on Friday was a 1p cut in the basic rate. This was already planned but has been brought forward a year. I want to highlight some of the challenges around decisions concerning taxation when the aim is to help those… Continue reading How helpful will a 1p tax cut be?
Do we need an emergency budget?
A lot of politicians – mainly opposition ones – have been calling urgently for the Chancellor of the Exchequer to deliver an emergency budget. It’s barely a few months since Rishi Sunak delivered his budget so why do we need another one so soon after? Ostensibly, the reason is the dramatic change we are seeing… Continue reading Do we need an emergency budget?