Dan Neidle: Actual cost of tax plan estimated at £14 billion

Dan Neidle: Actual cost of tax plan estimated at £14 billion
Tax cut cost put at £14 billion

Dan Neidle challenges prevailing claims regarding the cost of a proposed tax plan. According to Neidle, the central estimate suggests the real cost would be £14 billion, not the previously stated £5 billion.

He also compares the figure to other tax cuts of the same magnitude.

Neidle has previously argued that land in OECD countries is already taxed more than in other regions, while noting issues with the structure of taxation. He has also disclosed receiving a legal demand from a British fugitive accused of $600 million in U.S. tax fraud. The latest comments come as debate continues over UK tax policy costs.

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