Economy: Alan Walters diary [Minford confirmed results of high marginal tax rates and replacement ratios][released 2012]

Document type:	Declassified documents
Source:	Walters MSS (Churchill Archives Centre): WTRS 3/1/2
Editorial comments:	Read other entries from this diary. View all Walters documents. The original diary can be studied here
Importance ranking:	Major
Word count:	79
Themes:	Defence (Falklands), Monetary policy, Taxation

Friday 21st May 1982

Patrick Minford - confirmed his results of very high marginal tax rates and replacement ratios

(Frank Field - in letter of May 20th to FT said he had changed his mind and now regards Benefit/Net income as being significant deterrent)

Goldberger - Joe Hyams (ex Viyella) and Barry … (Property)

Landings reported in Falklands

Chancellor (John Kerr) letter to M.S [Michael Scholar] saying Caution is needed before we reduce interest rates

[22-23 May entries blank]