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)

Company vs Country

Company vs Country

Michael Robinson asks what lies behind the boom in companies suing governments.

30 Maalis 201528min

Two-Nation Britain

Two-Nation Britain

Jeremy Cliffe of The Economist asks if our real political divide is between those who feel comfortable in liberal, diverse, urban Britain and those who do not - the cosmopolitans vs the rest. He argue...

23 Maalis 201528min

Caring in the New Old Age

Caring in the New Old Age

Is it time to rethink how we care for older people, to enable them to have fulfilling lives? In recent years the media has highlighted terrible cases of paid carers abusing and neglecting vulnerable, ...

16 Maalis 201528min

The End of Development

The End of Development

Over recent decades, the richer world has poured money towards poorer countries, in the form of aid and loans for development over many decades. But is this top-down solution really effective? Anthrop...

9 Maalis 201528min

When Robots Steal Our Jobs

When Robots Steal Our Jobs

Technology has been replacing manufacturing jobs for years. Is the same about to happen to white-collar work? Will new faster, smarter computers start destroying more jobs than they create?Technologis...

2 Maalis 201528min

Artificial Intelligence

Artificial Intelligence

Should we beware the machines? Professor Stephen Hawking has warned the rise of Artificial Intelligence could mean the end of the human race. He's joined other renowned scientists urging computer prog...

23 Helmi 201528min

Downward Social Mobility

Downward Social Mobility

Social mobility is a good thing - right? Politicians worry that not enough people from less-privileged backgrounds get the opportunity to move up in life. But are we prepared to accept that others los...

16 Helmi 201528min

You Can't Say That

You Can't Say That

Does free speech include a right to cause offence? Many thinkers have insisted that it must - but debate has raged for millennia over where the limits to insult can be set. While some maintain Enlight...

9 Helmi 201528min

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-vaalirankkurit-podcast
rss-asiastudio
rss-podme-livebox
the-ulkopolitist
rss-kaikki-uusiksi
rss-tekkipodi
io-techin-tekniikkapodcast
rikosmyytit
rss-mina-ukkola
rss-fingo-podcast
rss-hyvaa-huomenta-bryssel
rss-kuka-mina-olen