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The next government should start mending the tax system

Newspaper article

The coalition government made many changes to the tax system: some £64 billion of tax rises and £48 billion of tax cuts in total. But for the most part, these reforms involved simply changing rates and thresholds, with little attempt to address the fundamental structural deficiencies of the tax system. Looking across the taxation of earnings, consumption, investment, wealth  and property, there are clear problems to be seen throughout. Plenty of challenges remain for whoever wins the election, argues Stuart Adam in this article for The House, Parliament's in-house magazine.

The piece is made available here in full with permission.

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Tax by Design is the final report from the Mirrlees Review. We present a picture of coherent tax reform whose aim is to identify the characteristics of a good tax system for any open developed economy, to assess the extent to which the UK tax system conforms to these ideals, and to recommend how it ...