I came across a shocking statistic today: environmental taxes are decreasing in the UK!
The total revenue has risen slower than inflation between 1999 and 2008; from around £32.6bn in 1999 to £38.5bn in 2008. If it had grown with inflation over that period it would have stood at £41.4bn in 2008.
As a percentage of GDP [...]
Posts Tagged ‘fiscal policy’
29 Jan
Eco taxes going down in the UK!
22 Dec
God bless you, lucky home owners
You don’t often see national newspapers celebrating a drop in house prices, despite the fact that they rose twice as fast as average incomes in the past decade. It’s much like the coverage of any strike that might affect a journalist’s holidays plans.
Most journalists and commentators are wealthy middle class home owners, so they are [...]
4 Oct
Who is really ripping us off?
A discussion with two friends on the back of my post about the cuts agenda brought up some interesting figures about benefit and tax fraud.
There’s nothing the Tories and right-wing media pundits like more than a good old attack on benefit fraud. Lazy good-for-nothings scamming our taxes! Get ‘em! But how big a problem is [...]
18 Sep
Don’t let the Tories get away with it
As long as the Democrats talked within Republican frames like “tax relief”, they always lost the argument. So why are Labour taking on Tory economic narratives during their party season? They’re handing the election to Cameron on a plate.
The first narrative is that we need to cut public expenditure to save the deficit and curb [...]
