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- 193. ‘Project Utter Crap!’ Furious Tory backlash after Osborne warns that Brexit could trigger an 8p rise in income tax | Daily Mail
George Osborne is facing a furious Tory backlash today after warning that Britain would be 'permanently poorer' after leaving the EU.The Chancellor accused London Mayor Boris Johnson and other Leave campaigners of 'dishonesty' as he published an apocalyptic Treasury assessment of Brexit risks.The 200-page dossier predicted that quitting would trigger a 6 per cent slump in GDP and cost every household £4,300 a year. It also said an 8p rise in the basic rate of income tax could be needed to fill a £36billion hole in the public finances by 2030.But the report drew condemnation from a host of senior Conservatives, with 'laughably spurious', 'childish' and 'disreputable' among the politest descriptions.One backbencher said that the Remain campaign's 'Project Fear' approach had 'turned into Project Utter Crap'.
URL: http://www.dailymail.co.uk/news/article-3545348/Osborne-rails-dishonest-Brexit-supporters-warns-quitting-cost-family-4-300.html - 411KB - 18 Apr 2016
Excerpt: could trigger an 8p rise in income tax chancellor publishes new sober and...
- 194. Why does Londons economy perform so much better than the rest of the UK?
When I wrote the Economic Policy Review with colleagues before the last election, one of the most striking findings we highlighted was the persistent outperformance of the London economy compared to the rest of the UK. Indeed, we discovered that the further from London you went the slower the growth. We also reported that the regional economies in the UK that received the largest subsidies and the most government assistance and intervention performed the worst.Some of you are ready to leap to your keyboards to say that you should not claim cause and effect when of course government spends more and intervenes more in parts of the country with poor prospects. Let me spare you the anger. Part of the reason the poorer parts of the country receive more government help is that they are poor to start with. That’s why governments of all persuasions send them more money. They are locked into a single currency with London, so they need transfer payments to survive.
URL: http://johnredwoodsdiary.com/2012/04/29/why-does-londons-economy-perform-so-much-better-than-the-rest-of-the-uk/ - 252KB - 11 May 2012
Excerpt: a a a a a the poorer places receive tax revenues from the succesful parts...
- 195. HMRC: Labour owes hundreds of thousands of pounds of tax on its donation from millionaire John...
The Labour party owes the Government hundreds of thousands of pounds of tax on its donation from millionaire John Mills, the taxman has said.
URL: http://www.telegraph.co.uk/news/politics/10221450/HMRC-Labour-owes-hundreds-of-thousands-of-pounds-of-tax-on-its-donation-from-millionaire-John-Mills.html - 58KB - 05 Aug 2013
Excerpt: news politics hmrc labour faces big tax bill on its donation from...
- 196. Should the Conservative party lurch right or left?
There will be all manner of calls in the next few days for a change of direction by Conservative Ministers, in the wake of the big swings to Labour in the local elections. The main feature of the elections was a swing to the left as conventionally described. Labour took many votes off the Lib Dems, and some votes off the Conservatives. It extended its hold on many northern towns and cities, and showed an ability to win some seats in the south as well.
URL: http://johnredwoodsdiary.com/2012/05/06/should-the-conservative-party-lurch-right-or-left/ - 322KB - 11 May 2012
Excerpt: be a good idea to go back to the tax rates on enterprise and effort...
- 197. Carry on exporting? | John Redwood's Diary
Part of the planned recovery of the UK economy from the recession, credit crunch and over extended public sector is forecast to come from an export boom. Yesterday’s figures for March were disappointing, but they are just one month’s figures. They show a fall in exports of goods from January to February, a rise of £1 billion in the overall deficit, with exports of services still yielding a very handy £5.4 billion surplus.Within the goods export figures, the weakeness was greater with the rest of the world than with the rest of the EU, despite the gathering economic weakness on the continent. What more should be done to improve the position?The Prime Minister and other leading Ministers are well aware of the need to improve the UK’s export performance to the faster growing parts of the world. They realise that the EU market is going to be stagnant at best for some time to come, given the obvious stresses in the Euro and the policies of mutual deflation being pursued there.
URL: http://johnredwoodsdiary.com/2012/04/13/carry-on-exporting/ - 179KB - 11 May 2012
Excerpt: basically dodgy and being used as a tax scam or tax evasion so the charity...
- 198. Green tax on conservatories: Home improvements will trigger 10% levy | Mail Online
Millions of householders who want to build a conservatory, replace a broken boiler or install new windows will be forced to spend hundreds of pounds more on 'green' projects.
URL: http://www.dailymail.co.uk/news/article-2127039/Green-tax-conservatories-Home-improvements-trigger-10-levy.html - 144KB - 09 Apr 2012
Excerpt: 2 c overcast 5 day forecast green tax on conservatories home improvements...
- 199. The governments approach to Immigration | John Redwood's Diary
Knowing how important many of you think this issue is, I reproduce below the government’s account of what it has done so far to change the immigration system:“The first ever permanent cap on non-EU work migrants has now been in place for a year. The limit has not been reached in any month since the cap came into effect, so the numbers are falling while necessary skilled workers are allowed in.We have also reformed the student visa system – the largest route of entry. 116 licences to colleges have been revoked and another 179 licenses suspended. The reforms include a new accreditation system for colleges; new rules on the standard of English required for students; new restrictions to limit students working and bringing dependants; and ending the post-study work option for all but the very brightest. The number of Tier 4 student visas issued has fallen by 19% in the second half of 2011, compared to the same period in 2010.
URL: http://johnredwoodsdiary.com/2012/04/18/the-governments-approach-to-immigration/ - 205KB - 11 May 2012
Excerpt: do you get from cutting the top tax rate 8211 the treasury says a 4...
- 200. Petrol heads and rail nuts
Transport policy is a strange UK battleground between car enthusiasts and rail fans. There is a reluctance by some of the participants to recognise that both trains and cars require burning large amounts of fuel, they both pose safety hazards which increase as speed increases, but both are important to many people’s lives. They are both noisy neighbours. New roads and new railway lines are equally unpopular with the people living near to the proposed route.
URL: http://johnredwoodsdiary.com/2012/07/10/petrol-heads-and-rail-nuts/ - 289KB - 17 Jul 2012
Excerpt: is based on fallacies as is the tax and subsidy sytem we currently have...
- 201. Boris opens his books in tax row but Ken â€˜tries to wriggle out of itâ€™ - Mayor - News -...
Boris Johnson today opened his books in a bid to end the tax row overshadowing the race for London Mayor — while Labour rival Ken Livingstone tried to back out of a pledge to do the same.All the main mayoral candidates pledged on BBC2’s Newsnight last night to publish full details of their earnings. Tory Mr Johnson, Lib-Dem Brian Paddick and the Green Party’s Jenny Jones stuck to their word today.Mr Livingstone told the BBC’s flagship political show: “I’m happy to publish details of everything I’ve earned in the last four years.”But today he issued a statement saying he would only offer “full disclosure” if his rivals published their partners’ financial affairs — an offer they are unlikely to take up. He was immediately accused of trying to “wriggle out” of the deal.
URL: http://www.thisislondon.co.uk/news/mayor/boris-opens-his-books-in-tax-row-but-ken-tries-to-wriggle-out-of-it-7621691.html - 129KB - 09 Apr 2012
Excerpt: s housing boris opens his books in tax row but ken a tries to wriggle out...
- 202. Liam Fox and David Davis say they 'will not be constrained' in speaking out for the Tory right | Daily Mail
Liam Fox and David Davis are supporting a new group which says David Cameron's "detoxification" strategy has left the Conservatives out of touch with their activists.Two Conservative big beasts today warned they will 'not be constrained' as they launched a campaign group calling for a more traditional Tory message on tax, spending and Europe.Former Defence Secretary Liam Fox and David Davis, who lost out to David Cameron in the Tory leadership, said Conservative Voice will set out a more 'distinctive' position from their Liberal Democrat coalition partners.Group founder Don Porter warned Mr Cameron’s 'detoxification' strategy to shake-off the Conservative image as the nasty party has left it out of touch with voters.He said he was 'personally very keen' to win back former Tories who have defected to UKIP.
URL: http://www.dailymail.co.uk/news/article-2201509/Liam-Fox-David-Davis-say-constrained-speaking-Tory-right.html - 199KB - 11 Sep 2012
Excerpt: a more traditional tory message on tax spending and europe former defence...
- 203. “Progressive” taxation
John Redwood's Diary » Feed John Redwood's Diary » Comments Feed John Redwood's Diary » “Progressive”...
URL: http://johnredwoodsdiary.com/2011/12/15/progressive-taxation/ - 305KB - 17 Feb 2012
Excerpt: the term commonly used to describe tax systems which take more from those...
- 204. George Osborne: 'I knew this was a controversial Budget but I was trying to do the right thing'...
Foreign newspapers said his measures were brave, the British were not so impressed, but George Osborne insists that he has no regrets.Over the past week, George Osborne’s travels have taken him from Denmark to India and the Middle East.This was no Easter break but a frenetic round of meetings to cajole business to choose Britain.The Prime Minister is also increasingly flying around the globe in an effort to generate more jobs for the British. The Chancellor returned to Downing Street on Thursday evening buzzing about the positive media coverage he said he was receiving after last month’s Budget.Unfortunately for Mr Osborne, these positive reports were in foreign newspapers. The headlines will not have been read by British voters.He said the focus overseas had been on the Government’s decision to cut the 50p top rate of income tax and how “interesting” it was that we had ministers “prepared to do difficult things”.
URL: http://www.telegraph.co.uk/news/politics/georgeosborne/9191510/George-Osborne-I-knew-this-was-a-controversial-Budget-but-I-was-trying-to-do-the-right-thing.html - 82KB - 07 Apr 2012
Excerpt: to cut the 50p top rate of income tax and how interesting it was that we...
- 205. Osbrown economics has failed. What next? - Telegraph
It is not working, is it? There has been almost no growth for two years. Output is still below the pre-crisis peak.Ministers might say they are “paying down our debts”, but they keep adding an extra £100 billion plus to them every year.So big has the gap become between what government spends and what it takes in tax, by 2015 George Osborne will have presided over the largest Keynesian fiscal stimulus in our history. With ultra-low interest rates and endless rounds of QE [quantitative easing], he will have overseen a massive monetary stimulus, too.So much stimulus, yet so little to show for it – besides more debt.Should we be surprised? No, actually. If you continue to run the economy the way that Gordon Brown did when he landed us in this mess, you are likely to remain there.
URL: http://www.telegraph.co.uk/news/politics/9858379/Osbrown-economics-has-failed.-What-next.html - 69KB - 17 Feb 2013
Excerpt: instead starting with some dramatic tax cuts in his budget this spring...
- 206. As the EU contemplates imposing a tax on US internet firms, is this a step backwards? | City AM
Charlotte Bowyer, digital policy researcher at the Adam Smith Institute, says YesEurope is lagging far behind the US in terms of digital innovation. The US’s technology policy champions experimentation and risk, with the presumption that entrepreneurs should be able to try new things without first seeking permission.In Europe, the opposite is the case. The proportion of people engaged in entrepreneurial activity is also far lower, and even successful startups tend to be smaller and slower-growing. If the EU is serious about challenging America’s tech dominance, it should cut red tape and taxes, resist the urge to regulate more, and champion entrepreneurship.
URL: http://www.cityam.com/207543/eu-contemplates-imposing-tax-us-internet-firms-step-backwards - 145KB - 28 Jan 2015
Excerpt: as the eu contemplates imposing a tax on us internet firms is this a step...
- 207. How to drive jobsworths potty! IN this devilishly inventive manifesto, late astronomer Sir...
In 1981, under the pen-name R.T. Fishall, Sir Patrick Moore published a guide to causing havoc and taking vengeance on bullying bureaucrats.
URL: http://www.dailymail.co.uk/news/article-2254467/How-drive-jobsworths-potty-IN-devilishly-inventive-manifesto-late-astronomer-Sir-Patrick-Moore-tells-fought-box-ticking-bullies.html - 221KB - 29 Dec 2012
Excerpt: if you d rather fill out an online tax return maybe ask one of the 1 500...
- 208. Politics: Great health insurance not allowed by Democrats | Best of Cain
If people actually like it, tax it out of existence.You have often heard conservatives talk about how ObamaCare has made health insurance in this country worse, and that’s true. But did you know that in the case of many people, that was the idea?It will not take effect until 2018, but one of the least reported-on aspects of ObamaCare is the so-called Cadillac Tax, which penalizes employers who provide their employees with health insurance that is too good. And even though the implantation of the tax is more than three years away, it’s already having an effect – and if you’re one of those whose insurance is being impacted, you won’t like it one bit.
URL: http://www.caintv.com/great-health-insurance-not-all - 38KB - 18 Aug 2014
Excerpt: cain if people actually like it tax it out of existence you have often...
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