this post was submitted on 13 Sep 2025
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Laffer curves are likely nowhere near relocation levels currently. It's a red herring mostly that right wingers like to point to. With no evidence we close to a peak
It is hard to argue that trains trump healthcare and education though
The laffer curve is a real phenomenon. I won't die on the hill that it would happen in this case but it's still something to consider when raising taxes.
Agree that people making all the noise about relocating haven't actually done it. Was a bad example! People doing things like increasing their pension contributions to avoid going over 100k and losing their tax free allowance is a more concrete example.
No bad thing to see people investing in their pensions. Pensions are the bedrock of investment in the UK economy, far more important than mortgages imo
Yeah 100% it's just an action that might result in the tax take being lower than expected
Real phenomenon in economics! I should have stipulated that it's as real as anything else in economics is - all of it is theoretical.