Big U.K. Tax Rises in Mid-2020s ‘All But Inevitable,’ IFS Says

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By: Andrew Goodall

The U.K. government may need tax rises of over £40 billion a year by 2024-2025 “just to stop debt spiraling upwards,” but now is not the time for increases, the Institute for Fiscal Studies (IFS) said.

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By Andrew Goodall, posted on Wednesday October 14, 2020

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