Now’s not the time for auto-pilot

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Intergenerational Commission, Tax and Welfare

Straightforward policy successes are a rare achievement in government and need celebrating when they arrive, lest we forget that policy matters. The recent sizeable gains the UK has made on private pension saving as a result of the introduction of auto-enrolment are therefore a clear cause for cheer. But challenges remain, starting with the increase … Continued

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Council tax is a farce – it’s time for a real property tax

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Intergenerational Commission, Tax and Welfare

It’s an open secret that council tax is a dog’s dinner. It was conjured up in the early 1990s as a half-way house between the hated ‘poll tax’ and the old domestic rates system, meaning those in top-band properties have much lower tax rates than those in cheaper homes. In England and Scotland, it is … Continued

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It’s time to properly abolish the ‘poll tax’

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Intergenerational Commission, Tax and Welfare

What is Britain’s most badly designed tax? A leading contender has to be council tax. It’s a tax based on 27 year old house valuations, but this isn’t even the biggest problem. Council tax would bear little relation to property values even if it were revalued. Typical council tax bills for the most expensive homes … Continued

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Today’s problems of intergenerational inequality risk becoming tomorrow’s big social mobility divide

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Intergenerational Commission

Launching a review of higher education recently, the Prime Minister spoke of her wish to make the UK a country ‘where your background does not define your future’. Naturally, education is almost always pitched as the key to upward social mobility – but to what extent does it really level the playing field? It is … 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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“Don’t it always seem to go, that you don’t know what you’ve got till it’s gone” – UK generational trends in an international context

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Incomes and Inequality, Intergenerational Commission

Joni Mitchell’s lyrics may refer to her first trip to Hawaii, but they could just as easily apply to UK trends in generational living standards that the Resolution Foundation’s Intergenerational Commission has uncovered. That’s particularly so in light of new analysis comparing these trends internationally. While there are huge living standards differences between high-income countries, … Continued

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