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sin taxes

Tax collectors at the Exchecquer in Westminster, circa 1150 (Photo: Hulton Archive/Getty)

Ed Miliband’s windfall tax on tobacco to fund the NHS is economically illiterate

20 October 2014 13:13

The ‘windfall tax’, a concept introduced in the UK by the Blair government, is by definition a one-off seizure of revenue from a profitable industry, to fund an invariably unprofitable… Continue reading

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benefits-1

A pound of state benefits has less impact than a pound from independent earnings

13 June 2014 10:08

The Joseph Rowntree Foundation (JRF)  published a paper on Wednesday comparing a range of policies to help low paid workers. Perhaps unsurprisingly, they conclude that increasing benefits is the best… Continue reading

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On the right in this picture - Yves Daudigny, the man who proposed the Nutella Tax in France. Image: Getty

Why do-gooding ‘sin taxes’ always stink of politics

24 November 2012 14:30

Nutella may have been created by Italians, but it is the French who really love it. The hazelnut spread is a fantastically popular accompaniment for everything from bread for breakfast… Continue reading

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