Facts and figures about UK taxes, benefits and public spending.
Analysing government fiscal forecasts and tax and spending.
Case studies that give a flavour of the areas where IFS research has an impact on society.
Reforming the tax system for the 21st century.
A peer-reviewed quarterly journal publishing articles by academics and practitioners.
Find out where you are in the income distribution.
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In these frequent observations, we look at aspects of topical issues related to our research programme. To sign up to receive email alerts when new observations are posted, please email Bonnie Brimstone.
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Robert Chote, Rowena Crawford and Gemma Tetlow
"Whoever wins the election, Labour or Conservative, is going to have to cut spending. That is not something that Margaret Thatcher actually did. So tougher than Margaret Thatcher." So said George Osborne on the Today Programme this morning - and the numbers by and large bear him out.
The issue of marriage and family life looks set to be a key election battleground. In recent weeks, the Conservative Party's policy on supporting marriage in the tax system has been under the spotlight. A Green Paper on family policy is due to be released by the Government next week. Recently-published IFS analysis, and two new projects funded by the Nuffield Foundation, hope to shed light on some of these issues.
Mike Brewer, Alastair Muriel and Liam Wren-Lewis
It is widely known that income inequality has risen substantially over the past thirty years. During the 1980's, in particular, inequality rose dramatically - to levels from which it has never subsequently fallen. But what lies behind this increase in income inequality?
The Child Poverty Bill, due to be debated in the new Parliamentary Session, places a duty on the Secretary of State for Work and Pensions to ensure that child poverty in 2020-21 is eradicated. But how can such a duty be legally enforced? Might there be a better way to improve poor children's lives? And is legislation needed at all?
One of David Cameron's key themes in his speech to the Conservative Party conference was that Labour has "made the poorest poorer", "left youth unemployment higher" and "made inequality greater". How fair are these accusations?
Gordon Brown's speech to the Labour party conference confirmed that, if it wins the general election, the Government will provide free early education and childcare places for 2 year old children in low-income families in England by 2015, to be funded by scrapping the tax break on employer-provided childcare vouchers. Who will win and lose from this change, and what does it tell us about the Government's priorities?
The Treasury's plans for public spending would require spending by central government on public services to be cut in real terms by 8.6% in 2013-14 compared to 2010-11. Is this too much or too little, and how should the pain be shared? A new tool, DIY Spending Review, that can be downloaded as an Excel spreadsheet enables you to carry your own "Spending Review 2010".
The Centre for Social Justice published a report, in association with Oliver Wyman, on how to reform the benefits and tax credits system, with the aim of reducing the number of families where no one is in work. Will the proposals work, and at what cost?
Robert Chote
There is a lot we do not yet know about how Labour and the Conservatives would go about repairing Britain's battered public finances over the next few years. But yesterday's speeches by David Cameron and Alistair Darling at least highlight a sharp difference of opinion over what should be done next year. Yet the picture is quite not as straightforward as either makes out.
The need, in the medium-term, to reduce public borrowing makes it natural to try to identify the areas of public spending that could be cut with the least pain. Might the Child Trust Fund be a potential candidate?
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