Youngian wrote: ↑Sun Sep 13, 2026 8:54 pm
What's next? Corporation Tax?
You bet. Who are Kemi's sage economic advisors, Minford and that Jessop plonker from the IEA?
Actually, you were nearly right.
Kemi Badenoch
3d
Dr Arthur Laffer is right. Britain is taxing itself to death under Labour.
He’s warned for years that taxes can become so punitive they reduce revenues.
My Party has a plan to cut spending so we can lower taxes and get Britain working.
Sadly the sentence "we'll therefore abolish the pensions triple lock" didn't follow.
Of course, nobody has ever believed that taxes can rise and rise without revenue falling at some point. The argument is always where that point is. Kemi's heavyweight analysis is nah nah, whatever the level Labour have raised them to. Maybe she can share her analysis with the OBR who score tax rises and the effect on revenue? Because while taxes can be sub optimal (raising employers NI for instance, rather than income tax or employee NI) it's rare that cutting them raises revenue.