Britain is set to replace the era of austerity with a new era of tax rises

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Intergenerational Commission, Tax and Welfare

The main message that has united both main party conferences over the last fortnight is that the era of austerity is over. For Labour that means more spending on new things – from universal childcare to a mass programme of nationalisation. And for many Conservatives it means a return to what they love doing best … Continued

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Introducing….Hamilton – The Industrial Strategy

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Jobs, Skills and Pay

Today’s science speech by the Prime Minister shows how much she has in common with the great Alexander Hamilton – though she has not got her own musical yet. Hamilton’s great rival Jefferson had a picture of America as sturdy yeoman farmers enjoying their liberties under a minimalist Government. Hamilton instead saw the Federal Government … Continued

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Baby boomers are going to have to pay more tax on their wealth to fund health and social care

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Intergenerational Commission, Tax and Welfare

In the past decade a new issue has entered British politics – fairness between the generations. It straddles the conventional political divide. The Prime Minister has spoken of “a growing divide between a more prosperous older generation and a struggling younger generation”. And the leader of the Labour Party has argued that future generations should … Continued

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Millennials need more democratic firepower to fight the growing inequalities between generations

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Incomes and Inequality, Intergenerational Commission

The demographers used to argue that it was bad news to be born into a big generation – there would be more competition for jobs and for houses.  You would travel through live economy class not club class.  But it has not turned out like that. Instead the big generation, the baby boomers, born from … Continued

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Our education system is tilted against social mobility

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Jobs, Skills and Pay

We like to think that a modern society is open and mobile – and our failures on social mobility really matter to Theresa May. It is one of the reasons for successive waves of education reform, the latest of which is being debated in parliament today, sparking a fiery debate about grammar schools not seen for … Continued

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