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ID138266
Title ProperPost-crisis, post-devolution politics and the mansion tax
LanguageENG
AuthorThompson, Helen
Summary / Abstract (Note)GOVERNMENTS across the developed world still face acute fiscal difficulties. Even where, as in Britain, there has been a return to sustained moderate economic growth, the recovery has not produced a comparable rise in tax revenue. Despite the rise in employment in the British economy since 2011, tax receipts from income tax have fallen substantially. A recovery in significant part based on part-time jobs and self-employment has not, and cannot, repair Britain's fiscal hole, particularly since the Coalition government has raised the tax-free allowance on income. Internationally governments have made little progress on cooperative measures to address the revenue lost to tax havens and aggressive tax avoidance.
`In' analytical NotePolitical Quarterly Vol. 86, No.1; Jan/Mar 2015: p.9-15
Journal SourcePolitical Quarterly 2015-03 86, 1
Key WordsRadicalism ;  Liberal Democrats ;  British Economy ;  Post - Crisis ;  Post - Devolution Politics ;  Mansion Tax