Tim Worstall

It is all obvious or trivial except…

 

 

Entries from August 2010

In which we are challenged by Richard Murphy

August 24th, 2010 · 26 Comments

A couple of days back I pointed to our favourite retired accountant’s pieces in The Observer. They seemed very much like advice on how to avoid tax. Nothing illegal, of course, this is avoidance, not evasion. Just every Englishman’s legal right to reduce his taxable income in the manners and ways which Parliament has approved. [...]

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Tags: Ragging on Ritchie

Well, yes Polly, but what does it mean?

August 24th, 2010 · 3 Comments

But it has not been a pointless exercise. Two-thirds of ideas come from public servants themselves, who may not suggest abolishing their own jobs, but do come forward with good practical savings drawn from experience: water cooler and paper savings, IT procurement, modifications to telephone exchanges, making people pay for frivolous freedom of information requests [...]

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Tags: Economics

A message for the TPA

August 24th, 2010 · 3 Comments

A recent report from the TPA suggested that we should redefine poverty. Instead of it being 60% of median household income, as it is at present, if we move it to 50% of mendian household income then we’ve actyually got a chance of being able to afford to both reduce poverty and also make work [...]

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Tags: Your Tax Money At Work

Not a lot of sympathy, no

August 24th, 2010 · 5 Comments

ACTRESS Susan Penhaligon has condemned television bosses as ageist, saying that at 61 she can only find roles in theatre. The former Bouquet Of Barbed Wire star says she is desperate to shake off her image as the teenage temptress Prue Manson in the hit Seventies drama because she wants more mature roles. But Susan [...]

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Tags: Feminism

I see what George has done here

August 24th, 2010 · 4 Comments

Clearly, “neo-liberal” isn’t strong enough now: Václav Klaus, the ultra-neoliberal Czech president, Ultra-neoliberal now, eh? But the sleight of hand is here: Worldwide, subsidies for fossil fuels are 12 times greater than subsidies for renewable energy. Many of the most generous handouts are awarded by rightwing governments (think of the money lavished on the oil [...]

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Tags: Environmentalism

Chavismo!

August 23rd, 2010 · 8 Comments

In Iraq, a country with about the same population as Venezuela, there were 4,644 civilian deaths from violence in 2009, according to Iraq Body Count; in Venezuela that year, the number of murders climbed above 16,000. Even Mexico’s infamous drug war has claimed fewer lives. One’s a war zone, another’s in the middle of a [...]

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Tags: Johnny Foreigner

Petty, pedantic – and also wrong

August 23rd, 2010 · 30 Comments

That’s what Ritchie tells me I am. Which brings us to entry two in his “Joy of Tax” series. The things which we enjoy only because the State gets to riffle through our wallets. What did tax do for me today? It provided the road I drove along to take my sons out this morning. [...]

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Tags: Ragging on Ritchie

The peril of low taxes!

August 23rd, 2010 · 2 Comments

Here. Usual Grauniad complaint that if taxes are low then there’s no such thing as society (cont. pg 94). Among the Arab oil producers, for example, taxation accounted for only 5% of gross domestic product in 2002, rising to 17% in the non-oil countries – which is still very low compared with Germany (39%), Italy [...]

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Tags: Your Tax Money At Work

Reasons for corporate secrecy

August 23rd, 2010 · 3 Comments

RACE ace Ben Collins has been linked with telly’s motoring mystery man The Stig – in documents from his own company. Papers issued by Collins Autosport show the F3 driver signed up with Top Gear just as the iconic “white Stig” character appeared on screen in 2003. Accounts filed that December reveal the firm had [...]

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Tags: Business

Cat among the pigeons

August 23rd, 2010 · 15 Comments

Ooooh, this is going to be fun. So, following Amnesty and all sorts of environmental groups pointing to the horrible pollution from the oil business in the Niger delta, the UN (UNEP, the environmental peeps) does a big report on who is to blame for it. The result is that it’s not Shell or the [...]

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Tags: Environmentalism

Err, why?

August 23rd, 2010 · 5 Comments

Currently the Human Fertility and Embryology Authority (HFEA) imposes a £250 cap on payments so as to avoid commercialising the procedure. “We are suggesting moving closer to the Spanish system. But there is no suggestion of adopting the US model where a good-looking girl with a degree can get $30,000 (£19,000) for her eggs.” But [...]

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Tags: Sex

Any literary historians out there?

August 22nd, 2010 · 8 Comments

So pondering a little project. As part of that I need to know what were likely wages/pay to people who wrote the penny dreadfuls. Then, what were likely advances from publishers for novels…no, not the three volume standard, not what Dickens or whoever famous got for their part works. But what was the scale of [...]

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Tags: The Blogger Himself

Fascinating stuff

August 22nd, 2010 · 6 Comments

I mentioned that a certain retired accountant had written some pieces for The Observer describing how you could in fact organise your affairs in order to reduce your taxes. This, in some contrast to his current public position that one should not reorganise one’s affairs in order to reduce the tax which is righteously due. [...]

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Tags: Ragging on Ritchie

Timmy elsewhere

August 22nd, 2010 · No Comments

At the ASI. If we’re all culturally tied into the Anglosphere, why this huge effort to tie us politically to Europe?

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Tags: Timmy Elsewhere

Truly cretinous

August 22nd, 2010 · 15 Comments

Ed Miliband steps up his bid for the Labour leadership today by promising substantial tax cuts for any company prepared to guarantee a “living wage” of at least £7.60 an hour. The commitment is designed to appeal to the party’s core supporters who believe New Labour took insufficient measures to combat low pay, despite having [...]

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Tags: Economics

Will Hutton’s mea culpa

August 22nd, 2010 · 2 Comments

There is no longer any discrimination in our embrace of cultural liberalism; it stretches into every nook and cranny of our lives – from the financial markets to sex – and sometimes with consequences none of us like. It was Howard Davies, when he ran the Financial Services Authority, who compared financiers to consenting adults; [...]

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Tags: Newspaper Watch

Too few women consultants!

August 22nd, 2010 · 4 Comments

And here we were, thinking that the medical profession had at least some connection to science, perhaps even statistics: The NHS faces a chronic shortage of women in senior positions as female medical staff hit a glass ceiling, doctors‘ leaders are warning. Fewer than 30% of consultant posts in the health service are held by [...]

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Tags: Feminism

A deep and fearful misunderstanding

August 22nd, 2010 · 1 Comment

One of the most ancient — and certainly one of the most fundamental — rights of any British citizen is the right to a fair trial. One of the basic justifications for the state is that it protects us from unjust attempts to deprive us of our liberty. So who would have believed that in [...]

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Tags: Civil Liberty

If you don’t understand the original reason

August 22nd, 2010 · No Comments

The of course your criticism is going to be false, isn’t it? Self-service checkouts were intended to bring an end to long supermarket queues, but research suggests some lines have lengthened since the technology was introduced. There then follows lots of harrumphing from both sides about whether the self service checkouts have in fact reduced [...]

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Tags: Education

Well, we did say this would happen

August 22nd, 2010 · 1 Comment

UKIP that is, over the European Arrest Warrant. The truly Kafkaesque bit about it is this: Foreigners, as a flight risk, are often refused bail and pretrial detention in some European jurisdictions can last years. Youi’re denied bail because you’re a flight risk….but the very existence of the EAW means that you’re not a flight [...]

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Tags: Civil Liberty · European Union