Gordon's growth

Gordon's achieves 116% growth.....in UK tax laws


On tax cutter’s blog he has worked out Gordon’s achievement as chancellor

9,841 pages of direct tax law now exist - there were 4,555 on 1 May 1997 - an 116% increase12,763 pages of total tax law now exist - vs 7,013 on Brown becoming Chancellor, an 82% increase

The only reason that the VAT laws have grown slowly is that Gordon's too scared of changing the rules without the EU's permission. The above stats miss out Gordon's bungled tax reforms that he' s since had to repeal, eg the zero rate of corporation tax for small businesses, stamp duty relief for disadvantaged areas, numerous goes at film tax reform etc. All told UK tax law is a mess. Whilst the rest of the developed world seeks to make itself more attractive for investment the self-penned Iron Chancellor rusts the UK economy with pointless complexity.