Comments on: Explaining Tax Credits http://timworstall.com/2008/07/21/explaining-tax-credits/ It is all obvious or trivial except... Thu, 24 May 2012 19:11:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mark Wadsworth http://timworstall.com/2008/07/21/explaining-tax-credits/comment-page-1/#comment-18701 Mark Wadsworth Mon, 21 Jul 2008 13:29:32 +0000 http://timworstall.com/2008/07/21/explaining-tax-credits/#comment-18701 Funnily enough, she was known as 'Mimi', so I guess people really didn't know how to pronounce it. Funnily enough, she was known as ‘Mimi’, so I guess people really didn’t know how to pronounce it.

]]> By: dearieme http://timworstall.com/2008/07/21/explaining-tax-credits/comment-page-1/#comment-18688 dearieme Mon, 21 Jul 2008 11:41:05 +0000 http://timworstall.com/2008/07/21/explaining-tax-credits/#comment-18688 "Hermione Parker": thanks to JK Rowling, a whole generation has learned how to pronounce that christian name. “Hermione Parker”: thanks to JK Rowling, a whole generation has learned how to pronounce that christian name.

]]> By: Mark Wadsworth http://timworstall.com/2008/07/21/explaining-tax-credits/comment-page-1/#comment-18657 Mark Wadsworth Mon, 21 Jul 2008 09:33:59 +0000 http://timworstall.com/2008/07/21/explaining-tax-credits/#comment-18657 FF has been totally misled here. All The Goblin King has done is to eternally repackage the same old crap. Read Hermione Parker's book of 1995 - all the names are different but the perverse incentives and high marginal withdrawal rates are no different. As I wrote elsewhere... Patricia Morgan “The War Between the State and the Family”, Institute for Economic Affairs, 2007, http://www.iea.org.uk/record.jsp?type=book&ID=406 ... explains with examples how the “government divides and impoverishes”. Hermione Parker “Taxes, Benefits and Family Life”, Institute for Economic Affairs, 1995, http://www.iea.org.uk/record.jsp?type=book&ID=70 ... highlights similar problems to Patricia Morgan, and recommended replacing means-tested with universal benefits. It is interesting to note how little has changed in the last dozen years and how few lessons have been learned! FF has been totally misled here. All The Goblin King has done is to eternally repackage the same old crap.

Read Hermione Parker’s book of 1995 – all the names are different but the perverse incentives and high marginal withdrawal rates are no different.

As I wrote elsewhere…

Patricia Morgan “The War Between the State and the Family”, Institute for Economic Affairs, 2007, http://www.iea.org.uk/record.jsp?type=book&ID=406 … explains with examples how the “government divides and impoverishes”.

Hermione Parker “Taxes, Benefits and Family Life”, Institute for Economic Affairs, 1995, http://www.iea.org.uk/record.jsp?type=book&ID=70 … highlights similar problems to Patricia Morgan, and recommended replacing means-tested with universal benefits.

It is interesting to note how little has changed in the last dozen years and how few lessons have been learned!

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