People’s Budget No. 3 Insanity at HM Treasury

Nick Macpherson (now Lord Macpherson) came out as a proponent of the land tax (AGR/LVT) at a Resolution Foundation conference in London in October 2018. But his advocacy of the policy over three decades at HM Treasury, where he was latterly the chief civil servant, was met by his colleagues with universal derision. Which explains … Continue reading People’s Budget No. 3 Insanity at HM Treasury