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Montevideo, April 19th 2024 - 16:02 UTC

Tag: Institute for Fiscal Studies (IFS)

  • Tuesday, June 25th 2019 - 08:10 UTC

    Boris Johnson's tax proposals questioned by the Institute for Fiscal Studies

    “We should be raising thresholds of income tax so that we help the huge numbers that have been captured in the higher rate by fiscal drag,” Mr Johnson said.

    Boris Johnson's tax proposals would cost “many billions” and benefit the wealthy the most, according to the Institute for Fiscal Studies. Mr Johnson, the front-runner in the race to lead the Conservative Party, has outlined plans to raise the threshold for the highest rate of income tax to £80,000.

  • Tuesday, May 14th 2019 - 09:08 UTC

    Inequalities in UK threatening democracy, says the Institute for Fiscal Studies

    The Institute for Fiscal Studies (IFS), one of the country's leading research institutes, is launching what it says is the UK's biggest analysis of inequality. That will be chaired by Nobel Prize-winn

    Inequalities in pay and opportunities in the UK are becoming so extreme they are threatening democracy, an Institute for Fiscal Studies study has said. The think tank warns of runaway incomes for high earners but rises in “deaths of despair”, such as from addiction and suicide, among the poorest.

  • Monday, February 11th 2019 - 08:51 UTC

    Institute for Fiscal Studies says more billions needed to end Hammond's austerity

    In its analysis, IFS said spending increases already promised by Hammond would be swallowed up by commitments to fund the NHS, defense and international aid

    Philip Hammond must spend billions extra to end austerity, says think tank the Institute for Fiscal Studies (IFS). To maintain per capita spending across government departments which don't have ring-fenced budgets, he must find an extra £5bn a year by 2023, it adds. And maintaining spending on unprotected services as a share of national income would require £11bn on top of spending plans set out in the 2018 Budget.