Why britain can’t afford not to cut taxes five tax cuts to make now

A belief in the importance of low taxes is axiomatic for those who put their faith in the power of markets, enterprise and personal responsibility as the foundation of a free society. Yet, today, much of the debate on tax starts by taking the current tax burden as a given. The question most often asked is whether or not the government of the day can afford to reduce taxes.


Lord Blackwell - Wednesday, 27th October, 2004