David Gauke

@DavidGauke ↗

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Last Checked May 9, 2021

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Fri Mar 05 14:37:40 +0000 2021

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David Gauke @DavidGauke

He's optimistic about the short term impact of the super-deduction but that the evidence suggests that 'there may be significant effects of investment incentives in good times, these effects are much weaker in times of greater uncertainty' - like now. — PolitiTweet.org

Posted March 5, 2021

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David Gauke @DavidGauke

Interesting from @devereux_mike on the corporation tax rate hike. 'The rise in the Effective Marginal Tax Rate in 2023 is likely to depress investment by as much as 20% relative to the pre-Budget position'. Ouch! https://t.co/R8X30420og — PolitiTweet.org

Posted March 5, 2021

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David Gauke @DavidGauke

On the subject of the super-deduction, I would be fascinated to know what assessment HMT has made of how much of the £25bn cost is deadweight cost - investment that was going to happen anyway (some of which will have been brought forward, as the OBR says). — PolitiTweet.org

Posted March 5, 2021