I am pleased to report that the financial position of the Council continues to be strong and stable.
26 July 1982
Domestic rates have long been one of the most unpopular taxes, partly-it seems-because they are levied directly on households rather than being collected by deductions at source from employment income or indirectly in the prices of consumption goods.
26 July 1982
The increasing relative size of the local government sector over the last thirty five years is reasonably well known.
26 July 1982
The basic dilemma for any government is how to get more employment without also generating more inflation.
26 July 1982
The great attraction of tax-based incomes policies is that insofar as they are successful they cause the socially desirable outcome to be an equilibrium one, compatible with the self-interested behaviour of economic agents.
26 July 1982
The most intractable problem of the British economy has been wage-inflation.
26 July 1982
The nationalised industries' performance was unsatisfactory during the 1970s.
1 July 1982
The Inland Revenue must derive a certain degree of satisfaction from the fact that it took the City the best part of a week to appreciate that one of the more obscure sections of the 1982 Finance Bill had overnight ended its favourite pastime of bed and breakfasting-a most skilful exercise in obfuscation.
1 July 1982
Much was promised: little has been produced. In his 1979 budget speech the Chancellor of Exchequer, Sir Geoffrey Howe said that he had asked the Inland Revenue to prepare a green paper on the future of corporation tax.
1 July 1982
Few, if any, of the component parts of the British tax system could be regarded as being free of serious problems, but the UK corporation tax must be the tax which is most urgently in need of reform.
1 July 1982
The attraction of these other methods is that they require no administrative intervention. They only have to shape a market environment in which the freely taken decisions will be non-inflationary.
26 November 1981
Recent UK economic history has been characterised by high levels of unemployment, coupled with a high nominal Public Sector Borrowing Requirement (PSBR).
26 November 1981
The first review of the State Earnings Related Pension Scheme is currently in progress.
26 November 1981
The UK tax and Benefit system has developed over the last century in a fairly haphazard manner.
26 November 1981
In the Budget of March 1981 the Chancellor made changes which will produce a dramatic reduction in the real burdens of most potential payers of Capital Transfer Tax (CTT).
26 November 1981
It is almost exactly ten years since the publication of the VAT Green Paper, and eight years since the introduction of VAT.
27 July 1981
At the end of the 1970s there appeared to be wide agreement as to the desirability of switching the burden of taxation away from direct taxes towards indirect taxes.
26 July 1981
In our article in the July 1980 issue of Fiscal Studies, we examined the impact of the growth of North Sea oil production on the domestic economy.
26 July 1981
The economist's approach to this question must rest on the basic concept of the opportunity cost arising when individuals engage in market work rather than producing goods and services at home.
26 July 1981
Recent British Governments of both Left and Right have been agreed that merger policy is in need of review.
26 July 1981