Gary Gibbon
Tory green tax pledge is drooping
The coalition pledged to “increase the proportion of tax revenues accounted for by environmental taxes”, but the IFS finds they have made little progress on this so far.
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Gary Gibbon
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Gary Gibbon
Budget: the pressure is on for the ‘progressive’ coalition
The Institute for Fiscal Studies says the Conservatives’ emergency budget is “somewhat progressive”.
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Gary Gibbon
Revealed: the eye-watering spending cuts to come
According to the Institute for Fiscal Studies, we don’t know 87 per cent of the cuts Labour would have to make if they stuck to their election promises, 82 per cent of the Tory cuts that would come your way, 74 per cent of the cuts the Lib Dems would have to make.
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Faisal Islam
Why Tory pension plan contains a ‘debatable’ £13bn
Why the £13bn the Tories claim to save by raising the state pension age is debatable.
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Faisal Islam
Budget: counting the deficit
In a nutshell: we have a £5bn tax cut right now. A boom, Then a £5bn tax rise. Massive deficits in the coming three years of half a trillion pounds. BUT even those rely on a remarkable boom in 2011. Look at the chart below to get an idea of the likely size of the…