Wednesday 13 April 2016

Taxing the top: what history tells us about when and why it happens

UK launch of Taxing the Rich: A History of Fiscal Fairness in the United States and Europe by David Stasavage and Kenneth Scheve

When and why do countries choose to tax the rich? How do the lessons of history compare to what is happening in the UK today? Do the richest in society need to pay more, or are they already sharing an unfair burden of the UK’s declining tax base?

At an event hosted by the Resolution Foundation, US economist and author David Stasavage outlined the main findings from his new book Taxing the Rich: A History of Fiscal Fairness in the United States and Europe. Paul Johnson of the IFS and Deborah Hargreaves of the High Pay Centre then gave their take on the current tax system in the UK, and what changes they would make to it. An audience Q&A then took place.