Blog - Adam Smith Institute

A landmark judgment often cited regarding tax minimization was delivered in the 1930s, establishing that taxpayers are not obliged to pay the maximum amount of tax. This was the Inland Revenue Commissioners v. Duke of Westminster [1936]. This case, famously known as the Duke of Westminster case, is the key ruling, often associated with ...

Apparently schools are not being maintained:

"They just dont have any money… for any kind of maintenance or repairs… more than half of headteachers… are saying they have areas in t...

Norway is one of very few countries that still maintains an annual wealth tax, a levy on net assets rather than income. Currently set at 1% on net assets above 1.9 million Norwegian Krone (NOK), the tax applies to the global wealth of anyone tax-resident in Norway, regardless of where assets are held.

In 2022...

Polly Toynbee gives us the list of things that the current government really just must do. The argument is that they know they’re fried come the next election so why not just do all the things that must be done but cannot be because they’ll lose you the next election. If you’re gonna get fried anyway why not do the things you know should be done...

Supporters of foreign aid criticize governments for devoting too little of their budget to sending aid to poorer countries. Yet monies sent by private individuals, usually to their families back home, dwarf those sent by governments. Such remittances are more than three times as large as total global foreign aid. In 2021, $780 billion was sent t...