Raising CGT to 45% would be the single most economically damaging policy since Brown’s 1997 pensions raid. As with that policy 27 years ago, it wouldn’t massively upset most people at the time, and a… (View Post)

Because if Alli had instead rented the place out commercially, he’d have got £20k for it. Opportunity cost, as an economist would say. (View Post)

Manufacturing jobs being offshored to Mexico has been a theme in the flyover states ever since the NAFTA agreement was signed. It’s had a similar effect in Appalachia to the end of coal mining in Nor… (View Post)

I suspect not just the term, but also somewhere to stay for the holidays. IMHO this is the biggest donation scandal yet. It’s 20 times the scale of free football or concert tickets, for the direct pe… (View Post)

He should pay income tax on that! (View Post)