Best of CapX: Corporate welfare is Britain’s blind spot
‘You cannot reform what you cannot measure, and Britain cannot presently measure corporate welfare in any meaningful way.’
From support for wind farms to assorted tax reliefs, corporate welfare receives far less attention than voter welfare, but Alan Hibben argues it should be easier to cut – if we actually knew the true cost to taxpayers. Until Britain stops administering corporate support as a fog of overlapping schemes, exemptions and tax breaks, nothing will change.
Each week we bring you an example of the best writing from CapX, read aloud. For hosted conversations, listen to The…
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