The recent appointment of Michael Sabia as the new Deputy Minister of Finance invites reflection on what his personal experience and evident policy inclinations might mean for the economic reconstruction necessary to recover from the fiscal strains imposed by the COVID-19 pandemic. In a former government role and evidently in a prior private business […]
Daily Archives: December 10, 2020
Key Takeaways from the Report of the UK Wealth Tax Commission
Faced with significant government spending to tackle Covid-19 in the UK, the UK Wealth Tax Commission was set up to explore the desirability and feasibility of a wealth tax. The final report was issued on 9th December 2020.[1] The Evidence Papers are available here.[2] The proposal was to implement a one-off wealth tax of […]