Arthur Laffer

Where’s the gain in the capital gains tax?

The idea of ‘squeezing the rich’ may be politically attractive. But, says Arthur B. Laffer, it means less tax revenue — as the coalition may be about to learn the hard way

Already a subscriber? Log in

This article is for subscribers only

Subscribe today to get 3 months' delivery of the magazine, as well as online and app access, for only £3.

There’s no commitment, you can cancel any time.

  • Weekly delivery of the magazine
  • Unlimited access to our website and app
  • Enjoy Spectator newsletters and podcasts
  • Explore our online archive, going back to 1828

Read next

Trending

Ross Clark

Why didn’t the Tories nationalise the railways?

Ross Clark
The Conservatives can crow all they like about the benefits of privatisation – and make whatever claims they like about tickets being more expensive, and services worse, were the railways to be brought back under public ownership. But there is little getting away from the fact that Labour’s policy of progressive renationalisation of train services by

Also in Politics

Also by Arthur Laffer

Latest

Comments

A blooming good offer

Join the conversation with other Spectator readers by getting the next 3 months for £3.

Already a subscriber? Log in