ID | 138266 |
Title Proper | Post-crisis, post-devolution politics and the mansion tax |
Language | ENG |
Author | Thompson, 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 Note | Political Quarterly Vol. 86, No.1; Jan/Mar 2015: p.9-15 |
Journal Source | Political Quarterly 2015-03 86, 1 |
Key Words | Radicalism ; Liberal Democrats ; British Economy ; Post - Crisis ; Post - Devolution Politics ; Mansion Tax |