I don’t disagree - but I think it’s important to distinguish when a tax is undermined by [removed out of sensitivity to TSE], in contrast to when it deters an activity that’s good for the wider econo… (View Post)

If you implement a one week moratorium on links to the Telegraph we have a deal. The 0.01ppt movement in borrowing costs histrionics earlier today (and posted by some gullible PBer) was just ridiculo… (View Post)

You’re describing tax avoidance, not the Laffer effect. Common mistake. Unless you’re suggesting rich people aren’t dying as a result of IHT? (View Post)

Rebellious Catholic northerners usually u-turn at Derby. (View Post)

That’s true - you’re trying to identify the optimal balance between the three and then the optimal amount to intervene. Mitigation is by far the most efficient way to do it but a lot of it is already… (View Post)