The 2020 Tax Commission
byExciting news from Matthew Sinclair on Friday: This morning we have announced the formation of the new TaxPayers’ Alliance and Institute of Directors (IoD)…
Tax
Emergency Budget – Reconsider the Capital-Gains Tax Hike
byAlan McCormick of Legatum wrote an excellent article for yesterday’s Wall Street Journal: Shortly after taking office in May, Britain’s new chief secretary to…
‘Heroes’ helped to help themselves!
byI have just listened to the Budget Debate and quite frankly am growing more and more tired of the political point scoring arena that…
The tab from LEH/AIG so far?
byVia Sean Corrigan and Toby Baxendale, “The tab from LEH/AIG so far? Around about $2 trillion if we look at trend US federal debt…
The Luvvie Tax
byI see the panel of economic experts that is the acting industry have latched onto the Tobin tax, now re-branded the ‘Robin Hood Tax’. …
Do it for the money
byLast year two police women (WPCs) were discovered to have a reciprocal child-minding arrangement. It was initially declared unlawful. Child minders who receive payment…
An image to behold
byOccasionally, in this globally interconnected world of ours, one comes across an image that says so much. I was sent this photograph yesterday by that great…
How To Destroy the British Banking System –- Regulatory Arbitrage via ‘Pig on Pork’ Derivatives.
byFinancial engineer Gordon Kerr explains how to destroy the British banking system through the use of derivatives which take advantage of the regulatory system,…
The Exodus of the Business Community
byHere’s a sobering thought. If you are due to pay 50% income-tax in the new tax year, do not be fooled: it will come…
FT.com | Westminster Blog | Pre-Budget report: Line-by-line summary
byVia FT.com | Westminster Blog | Pre-Budget report: Line-by-line summary, banking elements of the pre-budget report: 50 per cent levy on any individual discretionary…