Unhealthy Finances – Are tax hikes the answer to covid spending?

The Resolution Foundation have published a report, “Unhealthy Finances”, which speaks to understand what support the economy currently requires and how to repair the public finances post-pandemic.

The report proposed tax hikes, rather than spending cuts, amounting to around £40bn, beginning in 2023-24, as well as a new Health and Social Care levy. But is this the best solution?

Mark Littlewood, IEA Director-General, is joined by three prominent think tankers to get their responses.


Tom Clougherty, Head of Tax at the Centre for Policy Studies

Matthew Lesh, Head of Research at the Adam Smith Institute

Duncan Simpson, Research Director at The Taxpayers’ Alliance

Read ‘Unhealthy Finances’ on the Resolution Foundation website here – https://www.resolutionfoundation.org/…