RAPID RESPONSES
A hiring revolution
[Re: Britain must embrace 30 per cent tax revolution to boost growth, Monday]
I agree with your tax simplification ideas, and the report convinces me that reform would increase incentives to hire. But I’m not sure tax reform will be enough. It would help some firms save money. But just because money is saved, it doesn’t mean that companies will immediately recruit or increase their capital expenditure. Unfortunately a lot more still needs to be done to tackle UK debt, both government and private, as well as the restrictive policies and regulations that limit employers’ freedom to act. Tax reform should only be the start. Employers need the ability to make more flexible decisions.
Dan Hollidge
………………..
Deadweight costs
Either the country persists with the systematic robbery of the products of work, or it shifts to a tax on the annual rental value of land. By forcing large numbers of people out of the labour market, and by rendering large areas of the country economically sub-marginal, our tax system imposes a deadweight cost on the economy and saddles the government with the welfare bill. Property taxes may be unpopular, but they’re less distortive.
Henry Law
[Re: Blanket immunity for developing nations has stifled climate hopes, yesterday]
I thought Dominic Raab was one of the sensible MPs. Don’t tell me he’s been captured by the global warming ideologues.
Neil McMillan