Could the Adam Smith Institute be wrong yet again?

23 May 2010, by Adam Lent Guest in Economics

Fresh from wrongly predicting that the bankers’ bonus tax and the 50p rate would generate no extra revenues to reduce the deficit, the Adam Smith Institute is bravely risking a hat-trick of own goals by claiming the same thing about Government plans to raise the rate for capital gains tax.  This could really blow Madsen Pirie’s chances of being called up for the England World Cup squad!