The cry that goes out whenever a fair tax redistribution system is suggested that if one was implemented the rich would leave the country in droves. The implication being that we either could not function without them and that our economy and our society would crumble. Is this really the case? The facts would point [...]
One of the central policies put forward by the Coalition government is that workers in the public and private sectors should be prepared to take wage cuts and freezes and put up with low wages for the good of their companies and the economy in general. Does this make any economic sense and is such [...]
The respected research body the non-political Institute for Fiscal Studies (IFS) has proved what we all knew intuitively: the cuts announced in the emergency budget will hit the poorest hardest. This is their conclusion in their report issued at the end of August 2010 on the effects of the emergency budget. The only thing progressive [...]
