We recently held an event to launch our dynamic model of the tax system, built in conjunction with economic consultants Europe Economics.
The model predicts the dynamic impact of tax changes on the economy and wages; using official data from the Office for Budget Responsibility (among others).
At the event, Dr Andrew Lilico of Europe Economics talked through the model, with examples of different tax changes.
We’ll be using the model to challenge the tired treasury orthodoxy that lower taxes mean lower revenues.