by CF&P | Apr 3, 2011 | Blogs, Economics, Laffer Curve, Taxation
A new study from the Adam Smith Institute in the United Kingdom provides overwhelming evidence that class-warfare tax policy is grossly misguided and self-destructive. The authors examine the likely impact of the 10-percentage point increase in the top income tax...
by Dan Mitchell | Apr 1, 2011 | Big Government, Blogs, Economics, Government Spending, Keynesian
London was just hit by heavy riots as part of a protest against the “deep” and “savage” budget cuts of the Cameron government. This is not the first time the U.K. has endured riots. The welfare lobby, bureaucrats, and other recipients of taxpayer largesse are becoming...
by Dan Mitchell | Mar 10, 2011 | Big Government, Blogs, Welfare and Entitlements
People periodically ask me why I’m so down on David Cameron, the Prime Minster of the United Kingdom. I’ve already pointed out that his pre-election agenda was big government. And I’ve pointed out that his post-election record is more spending. (and you can read more...
by Dan Mitchell | Feb 15, 2011 | Blogs, Health Care
I’ve commented before about the sub-par government-run healthcare system in the United Kingdom, including patients dying of malnutrition, patients suffering needless pain and discomfort, and patients dying from poor care (additional examples at this link). I’ve even...
by Dan Mitchell | Jan 23, 2011 | Big Government, Blogs, Economics, Tax Competition, Tax Harmonization, Tax Havens, Taxation
There’s a supposed expose in the U.K.-based Daily Mail about how major British companies have subsidiaries in low-tax jurisdictions. It even includes this table with the ostensibly shocking numbers. This is quite akin to the propaganda issued by American statists....