Capital punishment? Wealth taxation in 21st century Britain

Monday 5 March 2018

Intergenerational Commission, Tax and Welfare

Speech by Resolution Foundation Executive Chair Lord David Willetts Britain owns a record £13 trillion of wealth – a figure that has grown much faster than GDP in recent decades, while the share of tax collected from it has stayed the same. Given the huge fiscal pressures Britain faces in the coming years and decades, … Continued

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Back to the Future: The outlook for retirement 15 years on from the Pensions Commission

Monday 27 November 2017

Tax and Welfare

In the autumn of 2002, Chancellor Gordon Brown announced a Pensions Commission to explore the outlook for pensioner incomes if the system continued unaltered and to make recommendations for improving that outlook. 15 years on, its recommendations – including auto-enrolment into low cost pensions and a more generous but delayed state pension – have become … Continued

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Creditworthy? Making Universal Credit fit for purpose

Tuesday 31 October 2017

Tax and Welfare

The scale of change that Universal Credit is bringing to our welfare system means that the rollout was always going to bring to light implementation challenges. These need to be addressed, but we also need to focus on the bigger question of how Universal Credit measures up against the big labour market challenges Britain faces … Continued

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Taxing times: Does a new government mean a new tax policy?

Wednesday 2 November 2016

Tax and Welfare

Raising the personal allowance and reducing corporation tax were two signature plans of the last parliament, and the new Chancellor has inherited plans to go even further. But with fewer people paying tax, and businesses paying lower rates of tax, is our tax system fit for purpose to fund public services and reduce the deficit? … Continued

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Is a Universal Basic Income the future of the welfare state?

Monday 9 May 2016

Tax and Welfare

Can the welfare state survive in an ever more competitive global economy? What would a reformed welfare state look like? Could a Universal Basic Income system be a long term solution? Following the global financial crisis deep cuts to welfare budgets have become a default policy response for policymakers around the world. As such, debates … Continued

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