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	<title>The TaxPayers&#039; Alliance &#187; Economics 101</title>
	<link>http://www.taxpayersalliance.com</link>
	<description>Britain&#039;s independent, grassroots campaign for lower taxes and better public services</description>
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		<title>Lower spending would deliver stronger economic growth</title>
		<description><![CDATA[Some of the criticisms of the 2020 Tax Commission have argued that we are wrong to claim that lower taxes and spending are associated with higher growth. In particular, Nick Pearce &#8211; Director of the IPPR &#8211; argues that &#8220;the empirical evidence doesn’t support&#8221; that view. Unfortunately he hasn&#8217;t seen fit to address the mountains [...]]]></description>
		<link>http://www.taxpayersalliance.com/economics/2012/05/spending-deliver-stronger-economic-growth.html</link>
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		<title>The rich, the poor and the middle pay a lot of tax</title>
		<description><![CDATA[There are some very misleading headlines around today in response to HMRC income tax receipts data which the Government has released to support its capping of unlimited reliefs.  The Metro reports that it shows &#8220;multi-millionaires hand over less than cleaners&#8221; as 6 per cent of those earning more than £10 million a year paid less [...]]]></description>
		<link>http://www.taxpayersalliance.com/economics/2012/04/rich-poor-middle-pay-lot-tax.html</link>
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		<title>TPA/IEA Budget 2012 Briefing Videos</title>
		<description><![CDATA[This morning the TPA and the Institute of Economic Affairs (IEA)  brought together a number of economic commentators to discuss yesterday&#8217;s Budget.  They looked at the key measures announced and the prospects for economic growth and the public finances, with both praise and criticism for different parts of the Government&#8217;s plans, and a stark warning of [...]]]></description>
		<link>http://www.taxpayersalliance.com/economics/2012/03/tpaiea-budget-2012-briefing-video.html</link>
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		<title>Ending centralised pay bargaining is a very good idea</title>
		<description><![CDATA[This morning the Daily Telegraph reports that centralised pay bargaining for many public sector workers may be abolished at the Budget. That would be right for taxpayers; right for public sector workers; and mean better public services. The people who would lose out would be the union bosses who rely on big national battles over [...]]]></description>
		<link>http://www.taxpayersalliance.com/economics/2012/03/centralised-pay-bargaining-good-idea.html</link>
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		<title>FullFact look at who benefits the most from an increase in the personal allowance</title>
		<description><![CDATA[Recently the Online Journalism blog produced two graphs &#8211; one we produced for the Guido Fawkes blog and another produced by the IFS &#8211; with one suggesting that increasing the personal allowance was progressive &#8211; benefiting those on low incomes most &#8211; and another that it was regressive &#8211; benefiting those on high incomes most. [...]]]></description>
		<link>http://www.taxpayersalliance.com/economics/2012/02/fullfact-benefits-increase-personal-allowance.html</link>
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		<title>How bad a deal is PFI?</title>
		<description><![CDATA[PFI has been associated with some of the worst excesses of Gordon Brown&#8217;s irresponsibility with the public finances.  Along with other debts like the bill for decommissioning early nuclear plants it is a part of our total liabilities that was hidden off the balance sheet.  The amount at stake is substantial, tens of billions of [...]]]></description>
		<link>http://www.taxpayersalliance.com/economics/2012/02/bad-deal-pfi.html</link>
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		<title>Stephen Hester was right to turn down his bonus</title>
		<description><![CDATA[Last week I wrote about how it was wrong for Stephen Hester to be getting a bonus of nearly a million pounds, while taxpayers were still so far from getting their money back after the massive bailout.  Last night it was announced that he was going to turn the bonus down.  He deserves credit for [...]]]></description>
		<link>http://www.taxpayersalliance.com/economics/2012/01/stephen-hester-turn-bonus.html</link>
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		<title>Taxpayers are down £14 billion, Stephen Hester gets a £1 million bonus</title>
		<description><![CDATA[What kind of value have taxpayers got out of RBS over the last year, as the majority shareholders?  Does it justify the substantial £963,000 bonus that has been announced for their Chief Executive Stephen Hester this morning? Taxpayers own 82 per cent of the bank, which has a total market capitalisation of £29.6 billion.  This [...]]]></description>
		<link>http://www.taxpayersalliance.com/economics/2012/01/taxpayers-14-billion-stephen-hester-1-million-bonus.html</link>
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		<title>David Baddiel explains why film subsidies should be axed</title>
		<description><![CDATA[The Prime Minister recently said that the British film industry should support &#8220;commercially successful pictures&#8221;. The statement has obvious important implications for the British Film Institute, which takes taxpayers&#8217; money and subsidises film-making in Britain. Mr Cameron&#8217;s assertion makes sense, but many have pointed out the difficulty in selecting successful films before they have been [...]]]></description>
		<link>http://www.taxpayersalliance.com/economics/2012/01/david-baddiel-explains-film-subsidies-axed.html</link>
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		<title>Cut regulation to avoid a double-dip recession and for a happier 2012</title>
		<description><![CDATA[2012 was supposed to be the year when everything would start to look up for the Government, according to the received wisdom back in May 2010. This was to be the year when the economy would rebound into strong growth, monarchists would celebrate Her Majesty&#8217;s Diamond Jubilee and the gaiety of the nation would be [...]]]></description>
		<link>http://www.taxpayersalliance.com/economics/2012/01/cut-regulation-avoid-doubledip-recession-happier-2012.html</link>
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