Labour has been warned it is 'taxing Britain to death' as Andy Burnham insists 'public control' can restore the country's fortunes.Eminent economist Arthur Laffer said another raid on 'wealth' in the upcoming Budget could be a 'disaster'. Mr Laffer – who has advised three US presidents and identified the famous 'Laffer curve' showing high tax rates can actually reduce revenues – urged the Government to cut benefits.Ministers should instead give people more 'incentive to work' by lowering tax rates, he insisted. The intervention came as Business Secretary Jonathan Reynolds conceded there is 'no taxation answer' to improving services unless the economy grows significantly. Pressed on Sky News about the prospect of the burden rising even further, he stressed that ministers recognised the challenges facing families and businesses.'There is no taxation answer that will meet the British people's expectations on social care or defence or public services. We need a stronger economy,' he added.However, the PM struck a different tone in an article for The Sunday Times, vowing to keep the books balanced and talking up his push for public ownership of utilities – which could cost billions of pounds. Andy Burnham is scrambling to cool market alarm about the state of the UK's finances and his array of spending pledges