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Britain is Taxed Enough Already

Tax billWhen the OBR published its Economic and Fiscal Outlook in December last year, it forecast that public spending would reach 35% of GDP by 2020 under the Coalition’s plans. Many condemned this as a return to the 1930s. They were of course wrong. However in recent weeks a combination of those demanding a larger state, pessimism over deficit reduction and recent scandals involving the use of aggressive tax avoidance measures by big banks has led to renewed calls for higher taxes. These arguments should be rejected. A heavier tax burden would undermine productivity growth, damage work incentives and make Britain less competitive internationally.    

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Adam Memon & Tim Knox - Monday 2nd March 2015

Adam joined the Centre for Policy Studies as Head of Economic Research in January 2014. 

Adam joined the Centre for Policy Studies as Head of Economic Research in January 2014. 

Tim Knox was Director of the CPS from 2011-2017. Before he was Director, Tim was the Editor at the CPS - a position in which he was responsible for publishing papers by every Conservative leader since Mrs Thatcher as well as by hundreds of leading academics and opinion formers.