The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing loopholes and lowering rates, you could increase the efficiency of the tax code and create more incentives for people to invest. ↗
The advantage to Great Britain of a regular free trade in corn would, therefore, be more by raising the rest of the world to our standard and price, than by lowering the prices here to the standard of the Continent. ↗
