This report considers how UK households are taxed compared with their counterparts in other developed countries.
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Breakthrough! Tax and the Family make a proposal for resolving the one earner/two earner unfairness in the High Income Child Benefit Charge which meets previous objections.
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The tax burden is increasing for everyone but people with children are the worst affected. They have the lowest incomes yet bear a disproportionately high share of the income tax burden and the Treasury take back almost 70% or more of any extra money they earn.
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Tax is a key political issue. To get the economy growing do taxes need to be cut? Or do they need to be increased to deal with the hole in the government’s finances?
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Tax and the Family together with the charity CARE published on 30th March their annual report on the taxation of families in the UK and other OECD countries. The report calls for fairer taxation - not necessarily lower taxation. The report is timely.
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