http://www.civitas.org.uk/wordpress/2011/03/28/why-the-laffer-curve-should-not-be-laffed-at/ Daily commentary from Civitas researchers Wed, 22 Feb 2012 23:39:34 +0100 http://wordpress.org/?v=2.8.6 hourly 1 http://www.civitas.org.uk/wordpress/2011/03/28/why-the-laffer-curve-should-not-be-laffed-at/comment-page-1/#comment-4534 Stephen Clarke Fri, 08 Apr 2011 13:43:11 +0000 http://www.civitas.org.uk/wordpress/?p=4284#comment-4534 The UK government currently borrows around 12% of GDP per annum. The current public debt figure is around 60% of GDP. The annual cost of servicing this debt is around 3% of GDP. Figures from here - http://www.economicshelp.org/blog/uk-economy/uk-national-debt/ The UK government currently borrows around 12% of GDP per annum. The current public debt figure is around 60% of GDP. The annual cost of servicing this debt is around 3% of GDP. Figures from here – http://www.economicshelp.org/blog/uk-economy/uk-national-debt/

]]> http://www.civitas.org.uk/wordpress/2011/03/28/why-the-laffer-curve-should-not-be-laffed-at/comment-page-1/#comment-4531 Dave B Thu, 07 Apr 2011 12:32:14 +0000 http://www.civitas.org.uk/wordpress/?p=4284#comment-4531 It would be interesting to see a refinement of those numbers, breaking out government debt service costs. It would be interesting to see a refinement of those numbers, breaking out government debt service costs.

]]>