The coalition government made many changes to the tax system: some £64 billion of tax rises and £48 billion of tax cuts in total. But for the most part, these reforms involved simply changing rates and thresholds, with little attempt to address the fundamental structural deficiencies of the tax system. Looking across the taxation of earnings, consumption, investment, wealth and property, there are clear problems to be seen throughout. Plenty of challenges remain for whoever wins the election, argues Stuart Adam in this article for The House, Parliament's in-house magazine.
The piece is made available here in full with permission.
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.
Comment details
- Publisher
- Dods Parliamentary Communications Ltd
Suggested citation
Adam, S. (2015). The next government should start mending the tax system [Comment] Dods Parliamentary Communications Ltd. Available at: https://ifs.org.uk/articles/next-government-should-start-mending-tax-system (accessed: 18 April 2024).
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