Tax and Fiscal Policy

Fast growth will “remove the need for austerity or tax hikes”


In the Media

IEA research cited in The Times

In the Media

Christopher Snowdon quoted in The Telegraph

IEA research quoted in The Telegraph

The fast roll-out of vaccines should help the economy to recover in 2021, improve the public finances and remove the need for austerity or tax hikes, says the IEA’s Economics Fellow Julian Jessop.

Cited by The Telegraph, Julian’s new briefing paper ‘How deep a hole are we in?’ argues that it is misleading to claim that the UK has already ‘maxed out its credit card’. But it would be even more misleading to suggest that the government has a ‘blank cheque’ to spend or borrow as much as it likes, whenever it likes.

Read the full article here.

Read Julian’s briefing paper here.