ASI research on tax featured in the Sunday Telegraph

Research from the Adam Smith Institute on flat taxes was featured in the Sunday Telegraph.

Read the article here.

"A flat tax is radical but not impossible to implement. Back in 2005, Chancellor George Osborne spoke out in favour of a flat tax, while a study by the Adam Smith Institute suggested introducing it at 22pc, supported by a higher personal allowance of £12,000 (up from £4,740), would yield long-term benefits despite an initial £40bn black hole. More recently, the 2020 Tax Commission called for a 30pc flat rate of income tax, with National Insurance, inheritance tax and stamp duty on shares scrapped altogether."