Public finance, economic policy, and fiscal analysis by Paul Johnson

Paul Johnson argues that so-called defence bonds are essentially just another form of government borrowing. He suggests there is no substantive economic difference between issuing defence bonds ...

Paul Johnson suggests that changes in inheritance tax policy can impact the timing of deaths. He references evidence that when inheritance tax was abolished in Australia in the 1970s, there were ...

Paul Johnson discusses new economic targets for GDP. He highlights two announced goals: reaching 3% of GDP in the next parliament, which could last until 2034, and 3.5% of GDP by 2035. Johnson ...

Paul Johnson questions the accuracy of a recent BBC report on working age welfare spending, stating that the broadcaster incorrectly claimed spending had increased significantly. He explains ...

Paul Johnson criticizes stamp duty, describing it as harmful and increasingly recognized for its negative impact. He argues that any government focused on economic growth and public welfare ...

Paul Johnson states that spending on working age welfare has remained mostly unchanged as a proportion of national income for decades. He acknowledges that while some incapacity and disability ...

Paul Johnson argues that continual government subsidies to counteract supply shocks are unsustainable and could lead to economic decline. He links the public's sense of a cost of living crisis to ...

Paul Johnson observes significant differences in how the minimum wage compares to median earnings across local labour markets in the U.K. He notes that in cities like Oxford and Reading, only 1 ...

Paul Johnson expresses concern about the economic impact of ongoing political uncertainty. Johnson argues that the main effect of the situation has been increased borrowing costs, leaving people ...

Graham Harrison, industry influencer, asserts that issues such as wealth inequality, inequality of opportunity, and regional disparities cannot be effectively resolved without first addressing the ...

Paul Johnson highlights how increasing the state pension age for men has led to a more stable expected period of pension receipt. According to Johnson, this change followed several decades ...

GDP growth is now forecast at just 1.1 percent this year, reflecting a subdued economic outlook. Paul Johnson noted that while projections show higher growth in later years, current levels ...