We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.
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Says it all, really. Her Majesty’s Treasury informs us that
The Office of Tax Simplification (OTS) is carrying out a review into all tax reliefs, allowances and exemptions, for businesses and individuals, across all the taxes administered by HM Revenue & Customs. The Chancellor has asked the OTS to identify reliefs that should be simplified or repealed to help achieve a simpler tax system.
As the first step of the review process, on 08 November 2010 the OTS published a complete list of tax reliefs and the approach that will be used for the Review. The list is the first time all tax reliefs administered by HM Revenue and Customs have been compiled and made available in a single document.
And here it is. All 349 kilobytes of it.
All good citizens will be happy to learn that “Expenditure incurred with regard to safety precautions at a sports ground is eligible for capital allowances.” (No. 530), although perhaps approval will be less enthusiastic for No. 603, “International organisations and their staffs are exempt from specified taxes.” It is a burden off my mind to discover in the form of No. 673 that “Suggestion awards made by employees which do not exceed £25 are exempt from income tax.” – although one might suggest that the effort put forth by lawmakers to create and tax inspectors to administer this provision probably exceeds the benefit felt by the average taxpayer. In fact that conclusion might apply to most of No.s 1- 672 and 674 – 1042 as well.
The subject hierarchy in mainstream media is a clear tool for editorial mischief. No doubt the website designers will argue that their pathways are efficient and designed to assist readers to the most appropriate subject. Inbuilt bias does not exist, and you tag the BBC especially for this. Sometimes irony can ensue, such as the Grauniad pairing “environmental” and “nuclear”.
Only this newspaper could render the sour grapes of subsidy junkies newsworthy. Let’s hear the renewable energy mewl and whine because they do not get enough money:
The developments are likely to fuel concerns among the many environmental campaigners who oppose nuclear power that the industry has unfair access to the government, as well as benefiting from hidden subsidies.
“They [government] have to come clean about all the money spent on assisting nuclear – and this would be part of that,” said Mike Childs, head of climate campaigns for Friends of the Earth. “It’s important ministers come clean about who they are meeting, when they are meeting, and the issues they are discussing.”
After all, green lobbyists derive all of their financing from voluntary donations, so they would have us believe. In reality, the renewable energy industry and its lobbyists require subsidies to survive. So does nuclear energy.
Itis particularly telling when they weep because their quango constituency is whittled down to one. The Chicken Littles wail that the sky has fallen because they have to compete on a level playing field of one quango each:
Concern about the preferential treatment given to the nuclear industry by successive governments is likely to be heightened by the decision last month to abolish the parallel Renewables Energy Board, which met every quarter at the department and once a year outside, as part of spending cuts. The work of the renewables board will be taken on by the Office for Renewable Energy Deployment, for which there is a parallel Office for Nuclear Development.
There would have been a time when the Guardian, in its liberal days, could have stepped back from a story of quango competition and included the question: is this a good use of public money? The prevailing philosophy of the newspaper still recognised a link between tax and accountability. Not an argument that we could agree with but one that we could recognise.
What has changed over the last few years is the sense of entitlement from public sector professionals and their media sympathisers. State expenditure is unquestioned and arguments arise over the disposal of the spoils. The immoral, debauched class of New Labour becomes more visible at a time of illusionary restraint on the part of the Coalition.
Ministers should not spend more time consulting business about the general question of what should we deregulate. Exisiting businesses can handle existing regulations and often see them as allies to keep others out of a market.
– John Redwood
I know we keep banging on here about Steve Baker MP, but he really is excellent.
The thing about Baker is that he doesn’t just say the uncompromisingly libertarian things that he does say about economics and economic policy, and about, to quote the title of his talk, honest money and the future of banking. He is willing to be immortalised on video saying them, and therefore potentially to be heard saying them everywhere on earth. Amazing. Truly amazing.
This performance lasts just over forty minutes. I urge you to make the time to look at it and listen to it. If, like me, you have any sort of drum handy, I also urge you to do some banging on about it yourself.
Well that was not very clever of me, was it? I got the wrong de Soto in the original posting here, which I have taken down to avoid confusion. My apologies for the first poster who told me it was wrong. Ugh. Grovel-grovel.
Here is the event, anyway. I strongly recommend people to go if they get the chance. I will be.
See, whilst many (most of them apparently on Twitter) are psychologically able to ignore, or excuse, or basically discount altogether the taking money from people bit of public spending, there are some of us that just can’t.
One day it occurs to ask the question, “What exactly gives them the right to help themselves to whatever they want?” and the answer turns out to be because they can. Then you get a bit angry and frustrated, feel almost entirely helpless, then, just to make things that little bit worse, everyone else in the world comes and slaps you in the face for even daring to consider such heretical notions.
The taking from me bit doesn’t count. I don’t matter. It’s the no longer giving bit that counts. Think about how people feel! Think about all the things they could do with that money, or that job, or learn from those people or achieve with the support of those others! Don’t you understand? Have you no feelings?
Apparently not. I just keep thinking, “But it’s not your money. How can you live with yourselves taking it?”
– Charlotte Gore, spotted earlier in the week by David Thompson.
Quangos and the rest are instruments of government. To get rid of them, you have to get rid of their functions.
– EU Referendum
I see on Guido Fawkes that arch-Europhile Denis MacShane is to be investigated by the police. He has had the Labour Whip withdrawn.
To give him credit, he did once call Hugo Chavez a “ranting, populist demagogue”. On the other hand he was once Minister of State for Europe.
This article gives a sample of his thought.
Commenters are requested to bear in mind the principle that a man is presumed innocent until proven guilty. Yes, even a man who said:
In 2004, a major step forward was taken with the creation of a European arrest warrant
Whatever pious comments George Osborne, UK finance minister, or David Cameron might make about encouraging savings for the long term and less reliance on borrowing, blah, blah, blah, this sort of policy, assuming it is true, shows that this government does not give a rat’s arse about encouraging savings. Coupled with the new top tax rate of 50 per cent, reduced tax-free allowances and other adjustments, the enterprising class of those who work to build up pension pots for themselves just got a serious setback.
At a time when there is so much talk about a pensions “time-bomb”, this sort of announcement is also disheartening since it sends out the message that pension schemes are a contrick. My own managing director at the firm at which I am now a small partner does not bother with pensions and intends to rely on his own business/properties to pay for his old age. When announcements like this come out, who is to say he is really wrong?
Tim Congdon has thrown his hat in the ring to become the next leader of UKIP and that means UKIP could possibly end up with a leader whom I dislike even more than David Cameron (hard to believe, eh?).
I have disliked Tim Congdon long before I knew who David Cameron was. I remember him at a conference long ago – his reply to my suggestion that lending should be from real savings, and that governments should not subsidize or bailout banks (via such methods as the Bank of England lending them money) was to suggest that I supported a ban on overseas trade that (he stated) the Ming dynasty in China had imposed.
“Paul only you could hold a grudge over something like this” – not if the man had changed his opinions, but he has not (it is still corporate welfare all the way with him). Nor has he changed his manner – he does not debate, he just claims that foes do not understand banking.
If he means do not understand how to get paid lots of money for being an apologist for subsidies to the banks then he is right – although “understand” is not the correct word.
The first I heard of it was here, where there was a piece about how this guy had been mocking this guy, guy number two being Tate Galleries boss Nicholas Serota. Serota faces cuts in state funding for The Arts, i.e. for himself and his enthusiasms, and he is not happy. He calls this “blitzkrieg”, clearly having never heard of Godwin’s Law. So, the pips are starting to squeak. Maybe this Cameron chap is not quite as bad as Perry de Havilland says.
The last time I read the Guardian very regularly was in those far off days before the internet, for its cricket coverage. Critics of pieces like Serota’s might be allowed about one or two short letters, next to three or four longer and very supportive ones, or ones claiming that the idiot argument in question wasn’t idiotic enough. How times have changed. What struck me most about this week’s Serotage was the number of commenters who weren’t impressed by his arguments.
Which can be summarised as: The Arts is (a) good, and (b) good in particular for “the economy”. But if The Arts is so good for the economy, why does The Arts seem to depend for its very survival on state subsidy. If the economy loves The Arts so much, why can it not pay for it? Cutting subsidies for The Arts would be a mere pinprick for The Arts if The Arts was economically successful, not a blitzkrieg.
Subsidised art – The Arts – does indeed depend upon a continuing flow of subsidy, but art itself is a far sturdier thing. Many commenters said how much they dislike The Arts of the sort that Serota presides over. Fair enough. I dislike Serotanism not so much because I hate The Arts as because I love art, and think that The Arts gets in the way of art far more than The Arts contributes to art, in much the same kind of way that I think subsidised car companies were bad for the British car industry, or that I think that NASA has got in the way of and continues to get in the way of space exploration. The Arts crowds out art, in other words. Serota thinks that art depends on The Arts. Well, as several of those commenters pointed out, he would, wouldn’t he?
If I understand Mr Cameron’s attitude correctly, he will be rather pleased about this particular squeaking by this particular pip. You see, he will say to the poor, in answer to their squeaks about the cuts they are now facing. Consumers of and practitioners of The Arts are also suffering. We are spreading the pain.
But will Cameron contrive any kind of economic recovery, or merely a softer-than-might-have-been landing into the swamp of permanent economic stagnation, followed by more sinking? Are these cuts really cuts as in less state money, or merely cuts as in not as much of an increase in state money as had been hoped for? My opinion about that being that the first can, for those directly involved, feel a lot like the second, as more people get sucked into the state money business and away from having productive lives. Between them, all these people do go on getting more and more, but for many an individual state money chaser, it may really be a cut. And even dashed hopes must feel a lot like genuine cuts, if you have already spent the money you had hoped to get.
What’s wrong with capitalism is that the banking system is socialist.
– Steve Baker MP talking on Cobden Centre Radio. Blog posting by interviewer and CCR boss Andy Duncan here. Listen here. It lasts twenty six minutes. That money quote comes just over half way into it.
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Who Are We? The Samizdata people are a bunch of sinister and heavily armed globalist illuminati who seek to infect the entire world with the values of personal liberty and several property. Amongst our many crimes is a sense of humour and the intermittent use of British spelling.
We are also a varied group made up of social individualists, classical liberals, whigs, libertarians, extropians, futurists, ‘Porcupines’, Karl Popper fetishists, recovering neo-conservatives, crazed Ayn Rand worshipers, over-caffeinated Virginia Postrel devotees, witty Frédéric Bastiat wannabes, cypherpunks, minarchists, kritarchists and wild-eyed anarcho-capitalists from Britain, North America, Australia and Europe.
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