Tom Chance for Lewisham West & Penge

Viewing: Fiscal policy

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False realism in costing policies

By on 25th February 2015

In all the fuss about Natalie Bennett’s unfortunate media interviews, for which she has penned this very strong and courageous apology, we have seen this idea talking hold that governments can cost policies down to the last penny. The Green

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How to push up house prices in London

By on 4th December 2014

The Chancellor has announced a cut in stamp duty for most people in yesterday’s autumn statement, claiming it will help first-time buyers. Labour’s shadow chancellor quickly supported him, adding that it will “help people on middle and low incomes who

Never mind the narrative

By on 24th September 2010

Aled Dilwyn Fisher and Adam Ramsay have kicked off another little debate about the recent past and possible future of “the left”, following a total failure to seize the much-vaunted opportunity created by the massive financial crisis in 2008. Why

Eco taxes going down in the UK!

By on 29th January 2010

I came across a shocking statistic today: environmental taxes are decreasing in the UK! The total revenue has risen slower than inflation between 1999 and 2008; from around £32.6bn in 1999 to £38.5bn in 2008. If it had grown with

God bless you, lucky home owners

By on 22nd December 2009

You don’t often see national newspapers celebrating a drop in house prices, despite the fact that they rose twice as fast as average incomes in the past decade. It’s much like the coverage of any strike that might affect a

Who is really ripping us off?

By on 4th October 2009

A discussion with two friends on the back of my post about the cuts agenda brought up some interesting figures about benefit and tax fraud. There’s nothing the Tories and right-wing media pundits like more than a good old attack

Don’t let the Tories get away with it

By on 18th September 2009

As long as the Democrats talked within Republican frames like “tax relief”, they always lost the argument. So why are Labour taking on Tory economic narratives during their party season? They’re handing the election to Cameron on a plate. The