Prices are soaring. The Government has put an Energy Price Guarantee in place but are tax cuts needed too to help strained household finances? Or should we be looking at tax rises to help pay for other forms of support? Is cutting taxes to boost economic growth part of the answer? If so, which tax changes will work best? And how might they affect inflation and the Bank of England’s interest rate decisions?
Our panel of experts at the Labour Party conference held a discussion of these crucial and topical questions:
- James Murray MP, Shadow Financial Secretary to the Treasury
- Paul Johnson, Director, Institute for Fiscal Studies
- Chris Giles, Economics Editor, Financial Times
- Chair: Susan Ball, President, CIOT
Authors
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.
Chris Giles
Economics Editor Financial Times
James Murray MP
Shadow Financial Secretary to the Treasury
Susan Ball
President CIOT
Presentation details
- Publisher
- Institute for Fiscal Studies
Suggested citation
Ball, S et al. (2022). 'CIOT and IFS Labour Conference Debate in Liverpool: Can Tax Help Tackle The Cost Of Living Crisis?' [Presentation]. Liverpool: Institute for Fiscal Studies. Available at: https://ifs.org.uk/publications/ciot-and-ifs-labour-conference-debate-liverpool-can-tax-help-tackle-cost-living-crisis (accessed: 20 May 2024).
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