The Fabian Society - a leading Labour-affiliated think tank - has set out a series of options to close the fiscal gap in a new report launched today.
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This edited collection sets out how the chancellor can raise the revenue we need to invest in public services. It brings together leading MPs, economists and policy experts to set out options for tax increases that would be progressive, that would avoid undermining the growth potential of the economy, and that would be in keeping with Labour's manifesto. We also hear an alternative view from NEF, setting out why we should change the fiscal rules.
FREDERICK MICHELL: Labour should put the global minimum corporation tax reform front and centre of its fiscal plan
This report examines key economic policy priorities for the left after the coronavirus shock and ensuing recession and explores how these policies should be designed to reshape the British economy in the long term.
ANNELIESE DODDS MP: We cannot allow the chance to create a fairer country to be squandered once the coronavirus crisis is over.
ANDREW HARROP: The government is providing more financial support for the richest 20% of households than the poorest 20%.