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Explainer

  • IFS Green Budget 2023

Now is not the time for tax cuts

  • Carl Emmerson

Published on 18 October 2023

In the current environment of high inflation and rising interest rates, tax cuts at the upcoming Budget would be extremely difficult to justify.

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Carl Emmerson

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      Authors

      Carl Emmerson
      Carl Emmerson

      Deputy Director

      Carl, a Deputy Director, is an editor of the IFS Green Budget, an expert on the UK pension system and sits on the Social Security Advisory Committee.

      Explainer details

      DOI
      10.1920/ex.ifs.2023.0014
      Publisher
      Institute for Fiscal Studies

      Suggested citation

      Emmerson, C. (2023). Now is not the time for tax cuts [Explainer] Institute for Fiscal Studies. Available at: https://ifs.org.uk/articles/now-not-time-tax-cuts (accessed: 15 July 2025).

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