Tag Archives for tax

Disgorging the social settlement: What the Paradise Papers tell us about firms

The Paradise Papers reveal how debt and other financial mechanisms are used to move funds offshore and avoid tax. New constraints on firms and managers are needed Back in the 1980s, concern about lagging competitiveness in publicly listed firms led to the popularity of agency theory explanations for underperformance. Authors like Michael Jensen told a very simple, yet seductive story … Continue reading

10 November 2017 by
Categories: SPERI Comment | Tags: , , , , , | 1 comment

The problems with measuring tax systems

Nicholas Shaxson

In debates about tax policy we need to de-emphasise the role of economics and measurement and rekindle the politics In the past few years there have been several efforts to understand and even measure ‘spillovers’ – that is, how one state’s tax or legal system can transmit damage to other states’ tax or legal systems.  Perhaps the best known of … Continue reading

16 March 2017 by
Categories: Inclusive Growth, SPERI Comment | Tags: , , , , , , | Leave a comment

Liberal vs populist economic policies in France 2017

Renee Buhr

Whoever is elected as President in April is set to introduce a break from business as usual in French economic policy On November 20 and 27 2016, Les Républicains – a collection of parties of the right and centre – held open primary elections to determine their candidate for the French presidential elections scheduled for 23 April 2017.   The results … Continue reading

20 December 2016 by
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Apple’s tax affairs open the door for global corporate tax reform

By blaming governments for their tax affairs corporations like Apple are inviting the responses they least desire: increased taxes and global tax regulation Global corporate tax avoidance is estimated to cost governments around the world US$240 billion in foregone revenues each year. Put this figure in the context of the uncertain economic environment across Europe since the 2008 financial crisis, … Continue reading

1 December 2016 by
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The regressive evolution of the UK tax base

The declining significance of progressive and business taxation demonstrates the character of ‘austerity’ In a recent SPERI paper, Jeremy Green and Scott Lavery argued that the economic recovery has been secured through processes of ‘regressive redistribution’, as quantitative easing and the suppression of wages represent a striking redistribution of wealth to asset holders and businesses, and away from low and … Continue reading

13 June 2014 by
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Sea change moments and post-crash political economy

Andrew Baker

The crisis has opened the door to new ideas and policy paradigms, but politicians are yet to build upon them and create a convincing progressive agenda Political economists are pessimistic about the prospects for far-reaching and profound change following the financial crash of 2008. A common refrain is that little in the way of substantive change to the financial and … Continue reading

12 December 2013 by
Categories: British growth crisis, Global crisis, Political theory, SPERI Comment | Tags: , , , , , , , , , , , | 2 comments