Quite the opposite in practice. People spend hundreds of thousands setting up trusts, paying lawyers and accountants to avoid the 40% tax, that if it were 10% would be mostly accepted. (View Post)

Art Laffer is now aged 85, and is still more erudite in his prescriptions for the economy than 99% of modern economic commentators. (View Post)

Good to hear. (View Post)

AIUI the government options range from terrible to horrific, and the buildings were in many cases designed with a 30-year lifespan. If they wish to remain in them, then a whole load of “maintenance” … (View Post)

The problem is that if the only new BMWs on a street of of old cars and hondas, belong to those “on the sick”, then it feeds massively into the narrative that those who get up and go to work end the … (View Post)