The Data Behind the Manifesto
This whitepaper blog delves into the data and analysis that led to the more challenging portions of the Manifesto. This is for experts and the interested, to see how I back my theories and what analysis is used to support them.
If you wish to have a layman’s understanding of how I react and respond to politics and society, I point you to my Substack below.
otherwise read on…
The Flat Tax Revolution
The proposed fiscal reform advocates for replacing the United Kingdom's complex progressive taxation with a uniform 15% flat tax and a broadened consumption-based VAT model to stimulate productivity.
By shifting the tax burden from production to consumption, the model addresses a record-high tax-to-GDP ratio of 39.4% and eliminates inefficiencies like fiscal drag and high marginal "cliff edges".
This transition leverages dynamic scoring, where lower rates are projected to yield a 24% "level shift" in GDP over 30 years by increasing labor supply and narrowing the £46.8 billion tax gap.
Furthermore, the reform remains progressive through a high personal allowance, resulting in an estimated 26% gain in gross income for the poorest decile, while the exchequer sustains itself by capturing nearly half of the UK's currently untaxed consumption.