Follow us
Publications Commentary Research People Events News Resources and Videos About IFS
Home Publications Tax and top incomes

Tax and top incomes


You can download the event slides below: 

The top 1% of UK adults receive around 15% of pre-tax income. The source of top incomes, who gets them and how they are taxed is important for understanding inequalities.

At this online event we addressed a number of key questions. How have top incomes and their source been changing over time? Who is in the top 1% - are they employees, or business owners or rentiers? How much tax do the top pay and should they pay more? How have things differed in the US, and can this help determine the cause of top income shares? How do tax authorities approach some of the difficulties with taxing top incomes, including the large degree of uncertainty about how those with high incomes will respond to tax increases? How does income inequality relate to others forms of inequality?

This event was chaired by Paul Johnson, IFS Director, and featured talks from:

  • Richard Blundell, IFS & UCL
  • Helen Miller, IFS Deputy Director
  • Edward Troup, former senior civil servant in HMRC and HM Treasury
  • Owen Zidar, Professor of Economics, Princeton
Deaton inequality website

More on this topic

IFS Working Paper W22/26
We spotlight some of the newer directions in intergenerational mobility research within economics driven by changes in some key trends in the recent decades, as well as growing availability of administrative data.
Book chapter
Families play a fundamental role in nurturing, socialising and supporting children until at least they become independent, and they in turn become the citizens, workers and parents of tomorrow.
Press release
Inequalities in the early cognitive, social and emotional development of children in the UK, which are so important in shaping later life outcomes, have changed little between those born in the early 2000s and those born in the early 2010s.
Through the lottery of birth, children are born into different socio-economic circumstances and grow up in environments that are remarkably different from each other. This report looks at inequalities in early childhood in the UK.