Is the government really thinking of equalising the tax rates on dividends and employment income? They don't seem to realise or care that companies pay dividends out of post-tax profits whereas wages… (View Post)

True and there are two other problems with them. They complicate our already disastrously uncompetitive tax system and because they don't count as government spending they disguise the level of gover… (View Post)

True and there's another vital reason why we would have much higher immigration from young Europeans than you'd expect given the relative incomes - the magnetic pull of London as Europe's business an… (View Post)

By "decent, principled Tories" I assume she means the ones who refused to implement the largest democratic vote in British history, despite having run on a manifesto that both called for th… (View Post)

You're also touching on a very important point there, and one that I think explains the difficulties our economies have had over the last 30 years - intertemporal disequilibrium. I've been thinking t… (View Post)