Tax, benefits and household income

Le résumé fourni par la source

This chapter demonstrates how the system of social security benefits and taxes affects final incomes. It considers the range of different types of taxes and benefits and their role in either increasing or decreasing inequality. Comparisons are made with other countries – the UK doing less by way of redistribution. It also considers the response to COVID-19 and lockdowns. More generally, it traces the development of policy over time, and the move towards less progressive indirect taxes compared with income tax.

Ce résumé expose les affirmations des auteurs. BNTIC ne l’interprète pas comme une validation indépendante des résultats.