jobs tax

Unnamed “experts” are wheeled out in the Conservative manifesto to bolster the Tories’ fight against the planned rise in national insurance contributions. The manifesto warns:

“This jobs tax, which will hit small businesses especially hard, will kill off the recovery. Experts predict it will cost 57,000 jobs in small and medium-sized businesses alone”.

But there is another expert the party has, for some reason, decided not to quote in its manifesto—Rupert Harrison, the Conservatives’ chief economic adviser. Yesterday, the party referred enquirers on national insurance to a peer-reviewed article he co-authored in the esteemed Economic Journal in 2007.

Perhaps the party did not expect journalists to bother to read or understand the equations. Read more