Posted by Daniel J. Mitchell on August 30, 2010
By Daniel J. Mitchell
According to news coverage, United Kingdom Prime Minister Cameron is imposing deep and savage budget cuts. I was interviewed by the BBC recently, for instance, and asked whether 25 percent spending reductions were too harsh. And here’s an excerpt from a New York Times story that is very representative of the news coverage. Like a [...]
Categories: Politics, Tax and Budget Policy |
Tags: budget cuts, david cameron, England, Government and Politics, government spending, International Economics and Development, taxation, Tory Party, United Kingdom | 
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Posted by Daniel J. Mitchell on June 23, 2010
By Daniel J. Mitchell
As the chart below indicates, the United Kingdom has a large budget deficit solely because government spending has increased to record levels (OECD data). Unfortunately, the new Tory-Liberal coalition government has decided that taxpayers should be punished for all the over-spending that occurred when the Labor government was in charge.
The Telegraph reports that the top [...]
Categories: Politics, Tax and Budget Policy |
Tags: big government, capital gains tax, david cameron, England, Government and Politics, government spending, International Economics and Development, United Kingdom, Value-added tax, VAT | No Comments »
Posted by Daniel J. Mitchell on May 28, 2010
By Daniel J. Mitchell
The Taxpayers Alliance has a brief but compelling video, entitled “How long do you work for the tax man?,” which shows how an ordinary worker in the United Kingdom spends more than one-half his day laboring for government. “What will they tax next?” is still the best policy video to come out of the U.K., [...]
Categories: Politics, Tax and Budget Policy |
Tags: big government, England, Income tax, International Economics and Development, Tax Freedom Day, taxation, United Kingdo, Value-added tax | No Comments »
