COMMENT: Why Tax Cuts are Needed to Generate Growth

October 18, 2012 11:54 AM

I wrote for the Bow Group's Crossbow magazine on why tax cuts are needed for economic growth.
Deficit reduction, the Big Society, NHS reform and free schools; none of these big agendas compare to the importance of the economy because failure on growth is the one thing voters won’t tolerate, irrespective of other achievements. But growth is the elixir that’s eluding the Government’s clasp, despite the ready availability of evidence on what would secure it. Plenty of well-intentioned but job-destroying obstacles block the road to growth, from employment regulation to planning restrictions but one rock stands out as the most obvious candidate for rolling off the road to prosperity: tax.

Click here to continue reading the full article (beginning on page 56)

I wrote for the Bow Group's Crossbow magazine on why tax cuts are needed for economic growth.
Deficit reduction, the Big Society, NHS reform and free schools; none of these big agendas compare to the importance of the economy because failure on growth is the one thing voters won’t tolerate, irrespective of other achievements. But growth is the elixir that’s eluding the Government’s clasp, despite the ready availability of evidence on what would secure it. Plenty of well-intentioned but job-destroying obstacles block the road to growth, from employment regulation to planning restrictions but one rock stands out as the most obvious candidate for rolling off the road to prosperity: tax.

Click here to continue reading the full article (beginning on page 56)

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