The Chancellor should use Universal Credit, not the tax system, to help young people in the Budget

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Tax and Welfare

Unfreezing working age benefits next year and rebooting Universal Credit would provide a much needed living standards boost to young families as the majority of gains would go to millennials, according to a new report published today (Friday) by the Resolution Foundation. With the Chancellor under pressure to deliver an Autumn Budget that addresses the … Continued

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Austerity can’t be ended without significant tax rises or higher levels of debt

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Tax and Welfare

The Chancellor could uncap public sector pay, unfreeze benefits and undo planned departmental spending cuts, but only at the cost of significant tax rises or ripping up his fiscal plans, according to new analysis published today (Saturday) by the Resolution Foundation. With the shock election result last month leading many politicians to conclude that seven … Continued

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Main parties’ tax and benefit plans to hit younger generations hardest

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Intergenerational Commission, Tax and Welfare

The tax and benefit policies of the two main parties risk further straining the contract between generations by hitting younger working age families more than older generations, new analysis of the parties’ manifestos by the Resolution Foundation published today (Thursday) has found. Fairness between generations has emerged as a strong theme across both manifestos. The … Continued

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Tax rises have made an election comeback

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Tax and Welfare

  Tax rises have made a comeback in the 2017 General Election, marking a big change from recent elections where tax cuts have been front and centre of parties’ manifestos, according to a new briefing note published today (Tuesday) by the Resolution Foundation. The report notes that both Labour and the Lib Dems have committed … Continued

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