Monthly Archives: April 2009

Martin Sandbu’s opening salvo: is there a long-term case for higher taxes?

By David Gardner

I broadly agree with Krishna Guha but would like to address briefly two points he raises: on intergenerational equity; and the desirability of revenue neutrality were we to introduce a carbon tax.

Given the depth of the fiscal hole we’re in [and sinking], there is going to be an element of inequity, especially towards future generations, implied in the scale of what is required to rebuild and consolidate public finances. Unpalatable, but inevitable.


Arena is no longer updated but it remains open as an archive.

Is there room for morals in finance?

The FT's Arena blog is a forum for the debates of the times. Its latest discussion is on money and morals. Is there room for morals in finance? Share your views. Click on Comment to add your contribution.

Related links:
Video series: Money and morals
In depth: London fights for its future
Global financial crisis

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