❗️ Regulations impose substantial costs on groups and individuals. They discourage entrants and punish smaller business, undermining innovation, job creation and productivity.
Oct 26, 2021 • 15 tweets • 6 min read
🚨💷 | Draining Our Pockets: How the global tax cartel could cost Britons billions
📉 £7 billion annual tax revenue could be lost because of global minimum tax
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🤝 One-hundred and thirty six jurisdictions, including the United Kingdom, have agreed to negotiate two new treaties that would, if implemented, change how many large companies are taxed in the name of ‘tax fairness’.
Oct 4, 2021 • 15 tweets • 8 min read
🥇The Golden Opportunity: How Britain can embrace tobacco harm reduction
🌳 We’re off — Barriers to a Green Revolution at #CPC21
😊 Free market environmentalism can lead to a greener, freer, more prosperous society for future generations.
🗣 @AusHCUK, @CSkidmoreUK, @Con_Tomlinson, and @DrRussTucker@AusHCUK says the key first barrier to a green revolution is the over reliance on state-based solutions — it depends on countless individual investors and billions of consumers.
Governments can set a framework but state-based, top-down solutions won’t make a difference.
It could become illegal to host this webinar as China cracks down on free speech and criticism of the regime.
Apr 1, 2020 • 6 tweets • 3 min read
NEW REPORT: 'Testing Times: The urgent need to decentralise COVID-19 diagnostic testing in the United Kingdom' by our @matthewlesh makes the case for allowing private, university and charity labs to test for COVID-19.
➡️ The UK has fallen to the bottom quarter of OECD countries for COVID-19 diagnostic testing, per capita .
➡️South Korea has tested four times as many people as the UK, Germany almost three times and the United States now almost twice as many, per capita.
telegraph.co.uk/business/2020/…
“A key cause of [low productivity] is surely Britain’s stingy capital allowances for these investments within its corporation tax code – a phenomenon the Adam Smith Institute (ASI) has called a “factory tax”.”
May 8, 2019 • 8 tweets • 3 min read
Mike Pompeo is absolutely right to say it's "disgusting" that UK political leaders refuse to drop their support for Venezuelan dictator Maduro. The @ASI has been a vocal opponent of his socialist regime, most recently through our Venezuela campaign. Some highlights follow...
“In a centrally planned economy, the ruling class can use goods in short supply as a political instrument of control.” Short supplies are a feature, not a bug of the socialist system. adamsmith.org/blog/venezuela…