Bracing for the Budget: Tax Rises, Black Holes & Growth, with Paul Johnson from the IFS

Oct 9, 2024

Paul Johnson, Director of the Institute for Fiscal Studies and author of "Follow the Money," dives into Britain's pressing economic issues. He discusses the £22 billion deficit threatening public services and the unfair burden of tax increases across income groups. The conversation covers the crucial need for planning reforms to boost productivity and the pitfalls of current tax policies. Johnson emphasizes the impact of wealth concentration on young people's mobility, highlighting potential tax reforms to create a fairer financial landscape.

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Intro

00:00 • 3min

Navigating the Financial Black Hole

02:48 • 22min

Reviving the UK Economy: The Role of Productivity and Planning Reform

24:49 • 2min

Navigating Economic Policy Trade-Offs

26:54 • 10min

Reviving UK Productivity and Economic Mobility

37:01 • 7min

Exploring Potential Tax Policy Changes and Their Implications

44:00 • 4min