Fairness starts with fixing our dysfunctional tax system, says IPPR

Reacting to today’s speech from Rachel Reeves, Carsten Jung, associate director for economic policy at IPPR, said:  

“The Chancellor is right to be straight about the fiscal challenges ahead and reiterate that cutting public spending is not the right answer to these pressures.

“Taxes will likely have to increase at the autumn budget, and there are ways to do this in a fair and pro-growth way.  

“The fair thing to do is to reform our dysfunctional tax system to make those with unfair advantages contribute more before asking ordinary households to chip in. This can make the tax system more efficient and mean that investing in the UK remains attractive. With the cost of living a key focus, the priority must be to increase revenue to launch a war on bills.”