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Written by Dr Madsen Pirie
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Flat Tax is spreading because it works. Regardless of any theoretical
objection, it achieves the desired results. With the addition this year
of Romania and Georgia, there are now 11 countries using the system,
with many more studying the idea very closely.
So what is it? In place of the various tax bands, exemptions and
allowances that feature in a progressive tax regime, flat tax replaces
them with a single rate. Typically, it excludes low earners from paying
any income tax at all and sweeps away the tax allowances that made the
graduated system so complex.
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Written by Dr Eamonn Butler
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Is it time to move towards Flat Tax? According to Eamonn Butler it is a good time for Scotland to go for it. Though they would need permission from Gordon Brown, it would be a great step for Scotland. He looks at how various countries have proven that having a Flat tax works.
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Written by Dr Eamonn Butler
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Dr Eamonn Butler takes a look back in time to when Margaret Thatcher started a revolution of Privatization. He looks, through history at some of the major movements of companies from public to private ownership. Whilst assessing their impacts, he points out that privatization has been a positive addition to European policy.
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Written by Dr Eamonn Butler
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Dr Eamonn Butler takes a closer look at the Queen's speech. He believes that apart from the obvious subjects of crime and terrorism, the speech seemed to be more about reforming the the boring reforms from seven yeas ago.
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Written by Dr Eamonn Butler
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Dr Eamonn Butler discusses the introduction of a flat tax rate. He mentions the increasing popularity of this form of tax and why the increase in tax revenue often confuses politicians.
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Written by Dr Eamonn Butler
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Dr Eamonn Butler argues the case for people to be able to secure property rights. Through property ownership, people will have the potential to borrow and thus, obtain capital to start a business and create employment opportunities. This, on its own, will create prosperity in the country.
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Written by Dr Eamonn Butler
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Dr Eamonn Butler takes a closer look at how free trade came about. He also explains how various forms of protectionism have undermined the success of free trade over the years and that if free trade is going to be at the forefront of economic policy leaders are going to have to be tough.
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Written by Dr Eamonn Butler
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Dr Eamonn Butler takes a closer look at the Kyoto agreement and what it means for the world. He questions whether the expensive agreement is a worthwhile way to solve the global warming problem and suggests that we could be doing plenty of other things to tackle the issue which are far cheaper.
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Written by Dr Eamonn Butler
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Dr Eamonn Butler investigates the productivity report which argues the productivity in Britain is 20 % that of France of Germany. He points out what he feels the reason for this may be and looks to the poor education system and the increasing public sector as major issues.
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Written by Dr Madsen Pirie
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Independent schools are too expensive for most people; they provide a
service that is bought by only seven per cent of the population. Yet
polls have shown repeatedly that most of us would like to send our
children to an independent school if only we could afford it.
One of the reasons for their high cost derives, paradoxically, from
their charitable status. If they were profit-making companies that
distributed their profits to shareholders, there would be incentives
for them to keep costs down and operate efficiently. They would try to
sustain dividends and share values by seeking savings.
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