The Rest Is Money cover image

189. What Would The Outgoing Boss Of The IFS Do If He Was Chancellor?

The Rest Is Money

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Fiscal Policies and Taxation Trends

This chapter explores the evolution of fiscal policies in the UK over the past 25 years, emphasizing the growing deficit compared to other OECD countries. It critiques the complexity of the current tax system, discusses the implications of Brexit on economic policy, and advocates for a more equitable taxation approach particularly concerning essential goods. The chapter also humorously highlights the peculiarities of VAT regulations while analyzing the constraints of existing fiscal rules.

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