Tag: Tax As % Of Gdp - Tax Policy Associates

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6 COMMENT

With all due respect Prime Minister, Margaret
Thatcher would be cutting taxes not raising
them

She would have known that higher taxes and spending spell the death knell for our
recovery

LORD YOUNG

6 October 2021+ 8 00pm

n his speech at the Conservative Party conference, Boris Johnson invoked the
I name of Margaret Thatcher in support of his decision to increase taxes to fund

extra spending on health. She would have said, he went on, that increased
borrowing today would mean higher interest rates and higher taxes tomorrow.With

respect, Prime Minister, she might well have said that, and she might well have felt

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Jun 8, 2022 Analysis

Mrs Thatcher – tax snatcher?

Mrs Thatcher is still heralded as a tax-cutter by many. But what actually happened to UK tax revenues, as a proportion of GDP, over her premiership? They went up a lot, then down a fair bit, but not as much as they went up. Was this the result of specific policy decisions to raise tax? […]