They're Coming for Your Money
Analysis8 Heinä 2013

They're Coming for Your Money

Paul Johnson, the director of the widely-respected independent Institute for Fiscal Studies, has been looking at the latest projections for how much the government will spend in the next five years and how much revenue it will receive. Despite the recent announcement of further cuts in spending, tax rises look difficult to avoid.

Paul explores the reasons for this gap in the budget and asks what taxes could help to fill it. With tax avoidance and evasion now at the top of world leaders' agendas, he asks if the increasingly tax-averse companies sector can be made to pay more and how much the rich and wealthy could contribute. He also considers the taxation of our houses and pensions and whether more will be taken from them.

Then he focuses on the three levies which contribute the lion's share of government revenue - income tax, national insurance and VAT - and, with politicians, economists and tax experts, finds out how much we are all - young and old, better and worse off - likely to pay. He also drops in on a young family in Norfolk to discover what taxpaying voters think of the choices and what they will be expected to pay.

Among those taking part: Nigel Lawson (former Conservative Chancellor of the Exchequer); Kitty Ussher (former Labour Treasury minister); Bill Dodwell (head of tax policy at Deloitte); Julian McCrae (former top Treasury official now at the Institute for Government); Gavin Kelly (chief executive of the Resolution Foundation who worked during the Blair/Brown years in Downing Street and the Treasury); and Malcolm Gammie QC (a leading tax lawyer).

Producer Simon Coates.

Jaksot(389)

Death Is a Bore

Death Is a Bore

Most of us are resigned to the fact that we won't escape death in the end. But there are people who have dedicated their entire lives to conquering death. This relatively new movement of 'transhumanis...

18 Kesä 201828min

Disconnected Britain

Disconnected Britain

New infrastructure such as major transport projects promises huge benefits. London and the South East are currently looking forward to Crossrail, the start of HS2 and much more besides. But how does a...

11 Kesä 201828min

Algorithm Overlords

Algorithm Overlords

How can we be sure that the technology we are creating is going to do the right thing? Machines are merging into our lives in ever more intimate ways. They interact with our children and assist with m...

4 Kesä 201828min

#metoo, moi non plus

#metoo, moi non plus

Do French women really think differently about sexual harassment - and if so, does feminism have national borders? Catherine Deneuve was one of 100 prominent women who signed an open letter to Le Mond...

28 Touko 201828min

Too Young to Veil?

Too Young to Veil?

This year, St. Stephen's primary school in east London found itself at the centre of an incendiary and increasingly far-reaching debate that is rocking not only Muslim communities and campaigners acro...

24 Huhti 201837min

The End of Arms Control?

The End of Arms Control?

Existing arms control treaties are under threat - at the same time that new types of weapon emerge, with nothing to regulate them. There is a growing crisis in the arms control regimes inherited from ...

26 Maalis 201828min

Screens and Teens

Screens and Teens

Do we need to "do something" about the effects of smartphones on teenage children? The backlash against the omnipresent devices has begun. Parents on both sides of the Atlantic are increasingly worrie...

19 Maalis 201828min

What Are Universities For?

What Are Universities For?

Almost half of the UK's school leavers are now going to university. But the university sector is under more scrutiny than ever before. Sonia Sodha argues that it's time to take a profound look at what...

12 Maalis 201828min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
tervo-halme
ootsa-kuullut-tasta-2
politiikan-puskaradio
viisupodi
et-sa-noin-voi-sanoo-esittaa
otetaan-yhdet
rss-asiastudio
rss-vaalirankkurit-podcast
rss-podme-livebox
linda-maria
the-ulkopolitist
rss-kaikki-uusiksi
rss-tekkipodi
rikosmyytit
rss-mina-ukkola
rss-kuka-mina-olen
rss-raha-talous-ja-politiikka
rss-kyselytunti