That BALLOONING deficit in full: I suspect we end up pretty close to 5% again this financial year. Maybe fiscal tightening will mean it drops a bit next year. The whole sovereign debt crisis and IMF … (View Post)

But that other stuff would need to make up most of their $1.5tn valuation for it to make sense. And, other than charging infrastructure which won't be the main valuation driver, these don't… (View Post)

To contextualise how badly Republicans did yesterday versus expectations: (View Post)

Agreed completely While they're at it (changing tax bands) I hope they scrap the personal allowance cliff edge at £100k and bring down the new 47% tax band to start at £100k. (View Post)

You can buy many older cars outright for the same cost as the implied depreciation in leasing a new car for 5 years. From a taxpayer's perspective they should be treated equivalently. (View Post)