I think we can be pretty sure of the reverse Laffer effect, then, where individual tax rates are applied on the basis of each taxpayer's personal declared estimate of the Laffer maximum. (View Post)

Rather an ironic reference to the well known Rod Stewart lyrics. The first cut is the deepest Baby, I know, the first cut is the deepest When it come to being lucky, she's cursed When it come to PSBR… (View Post)

Pope Leo XIV responding to the US bishops’ statement on the detention and deportation of migrants: “No one has said that the United States should have open borders. I think every country has a right … (View Post)

It doesn't show anything of the sort. Had we actually borrowed more to invest (rather than fund current spending), the return on investment over the last decade and a half would with absolute certain… (View Post)

A stupid one too. The annual cost of IVF to the NHS is less than £70m (edit - I will have to check more recent figures, as that one is five or six years old). (View Post)