The Tory tax bombshell that would clobber middle earners
A senior Tory at the heart of government policymaking has let slip that the Conservatives are considering a new tax plan which could hammer middle and low earners.
A senior Tory at the heart of government policymaking has let slip that the Conservatives are considering a new tax plan which could hammer middle and low earners.
David Cameron has been praising the Latvian tax system, calling it ‘attractive-sounding’ during a speech at the Northern Future Forum Conference in Riga. But one study by the IFS, looking at four plausible and revenue neutral flat tax scenarios, found two main reasons why flat taxes might not be as attractive as they sound.
Alex Hern covers the economic incompetency of the hard-right republican Tea Party’s presidential candidates and Herman Cain and Rick Perry’s crazy tax plans.