Britain’s fracking tax incentives: do they pass the test?

It’s funny, if you’ve only ever thought about an issue in terms of other places, when it suddenly it pops up in you back yard. Gives you a different perspective. So the announcement today that the Britain is going to create the “world’s most generous shale tax regime” [£] to encourage ‘fracking’ is a chance… Continue reading Britain’s fracking tax incentives: do they pass the test?

Tax incentives cost $138 billion…?

Congratulations to ActionAid on the launch of its new Tax Power campaign – an impressively internationalised version of the work ActionAid UK has been doing for five years now. I love the gallery of #taxpaysfor photos. As part of the campaign launch, ActionAid asked me to help them come up with an estimate for the… Continue reading Tax incentives cost $138 billion…?

Nicaragua’s new canal: the world’s biggest tax exemption?

I’ve been reading about the proposed new transoceanic canal in Nicaragua, plans for which were passed by the country’s parliament last week. The Reuters story on it notes that the $40bn cost would be four times Nicaragua’s national income. According to the Guardian, once running, the canal would double Nicaragua’s GDP and triple employment. So… Continue reading Nicaragua’s new canal: the world’s biggest tax exemption?