Based on the best available theory and evidence, the Mirrlees Review sets out a comprehensive set of proposals for tax reform. While focused on the UK, its analysis and conclusions bear directly on the policy debate in other developed countries. The Review proposes a move to a more neutral tax system. Key ingredients include adjusting the personal tax and welfare system to achieve redistribution more efficiently, imposing VAT on a broader base of consumption at a single rate, targeting environmental externalities more accurately, and aligning tax rates across all income sources while exempting the normal return to saving from tax, and introducing an allowance for corporate equity into the corporate tax system.
Authors
Senior Economist
Stuart is a Senior Economist working in the Tax sector, and focuses on analysing the design of the tax and benefit system.
Research Associate London School of Economics
Timothy is a Research Associate at the IFS and a Professor of Economics and Political Science at the London School of Economics and Political Science.
CPP Co-Director
Richard is Co-Director of the Centre for the Microeconomic Analysis of Public Policy (CPP) and Senior Research Fellow at IFS.
Stephen Bond
Robert Chote
Research Fellow One Essex Court
Malcolm is Chairman of the Tax Law Review Committee at IFS.
Gareth Myles
Director
Paul has been the Director of the IFS since 2011. He is also currently visiting professor in the Department of Economics at University College London.
Research Associate Massachusetts Institute of Technology (MIT)
James is an IFS Research Associate, the Mitsui Professor of Economics at MIT and the President of the National Bureau of Economic Research.
Research Fellow University of Cambridge and The Chinese University of Hong Kong
Journal article details
- Publisher
- National Tax Association
- Issue
- September 2012
Suggested citation
Adam, S et al. (2012). 'The Mirrlees Review: A proposal for systematic tax reform' (2012)
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