Dr Edward A. Hudson

Dr Edward A. Hudson

Capital Taxes and Economic Growth

The Government has rejected the Tax Working Group’s recommendations for the introduction of a capital gains tax. One of the effects of such a capital gains tax would have been on economic growth. Economic growth is important as it is the source of increases over time in average incomes.


Dr Edward A. Hudson

Economic Inequality

There is no evidence the that “the rich are getting richer”, that the highest income earners are increasing their income share. Similarly, there is no evidence that “the poor are getting poorer”. The extremes are not diverging.