It's not nearly that neat unfortunately because the small companies rate remained at 19%, there was a new 130% super-deduction for investment and the loss carry-back was extended from one to thr… (View Post)

Rubbish. Making the UK more attractive to foreign investment was one of the best legacies of even Margaret Thatcher's golden rule. It was directly beneficial, because foreign-owned businesses ar… (View Post)

It's much more complicated than that, because it depends on the type of asset and also expectations. Without going into too much detail, you need to differentiate between financial and non-finan… (View Post)

We've had about a century of attempts to level up by spraying money at the Distressed Areas as they were known between the wars. And the Distressed Areas are still distressed. But, like all madm… (View Post)

The idea that US levels of taxation are particularly low is something of a myth, or at any rate easily explicable. According to the IMF, in 2022 the US tax take was 33% of GDP. Ours was 39%. https://… (View Post)