Tax

Ian Guider: Catch-all schemes won’t fix the cost of living crisis

Proposing wealth and windfall taxes is missing the point – a better solution is to draw up effective measures to help those who need the money most of all

The World Economic Forum convened in person for the first time since the pandemic last week, but it’s unlikely it managed to fix anything. At least the 1 per cent got to let their hair down for a few days and talk about the global economy. Picture: Reuters

The Davos gabfest convened in person for the first time since the pandemic last week, as the great, the good and the uber-wealthy went about solving the world’s numerous problems via a shindig in the Alpine Swiss town.

It is highly unlikely that the World Economic Forum, as Davos is formally called, managed to fix anything, but at least the 1 per cent got to let their hair down for a few days and talk ...