You are absolutely correct: the second order effect one would expect, however, would be that as the total amount of money you could make from Drug X is now (say) 20% lower, then you will simply do sl… (View Post)
Well, if there are two countries next to each other, and one has a TFR of 2.5 and the other has one 1.5, then one day the place with the TFR of 2.5 is going to walk in to the other. (View Post)
Why taper between £40,000 and £60,000? All that does is mean that the marginal tax rate for parents in that group is really high? Why not simply give each kid a £5,000 tax benefit transfers to the pa… (View Post)
You are one of the few people who gets it: and it's infuriating to me. Everyone is so focused on the symptoms of a broken tax and benefits system, and they are desperate to solve those, that they mis… (View Post)
To make it tax neutral, you simply merge income tax and NI, therefore taxing pensioners more. I realise they vote, which makes it a non-starter. While the poor people being screwed by the tax system … (View Post)