Low-tax or high-welfare? The UK must decide what type of country it wants to be
- Written by Christopher Adam, Professor of Development Economics, University of Oxford
Perceptions of a high-tax UK are wide of the mark.Steve Travelguide/ShutterstockHeadlines about tax in the UK being at an all-time high abounded after the autumn budget. The current overall tax take, at 35% of GDP, is indeed a historic high for the country. And the measures announced in the budget will take it to 38% by the end of the parliament.
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