22 September, Mrs May’s Florence speech – “Still I do not want our partners to fear that they will need to pay more or receive less over the remainder of the current budget plan as a result of our decision to leave. The UK will honour commitments we have made during the period of our… Read More »
Continuing the reasons for not increasing taxes on the wealth from the previous Money Tree blog. Reason 3: It is socially divisive such that the rich resent the poor who are benefiting from their work. However, I would think that the reverse is more pertinent that the poor and middle class resent the rich who… Read More »
Following from the previous The Money Tree blog we are now looking at reasons for not increasing taxes on the wealthy. Reason 1: High taxes reduce investment, thus reducing the support for businesses/entrepreneurs, increasing unemployment and decreasing growth. This is related to Reason 2 – High taxes are a disincentive to individuals to make money.… Read More »