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A distorted tax system makes us all worse off

Poor tax design creates inefficiency and unfairness but it is possible to correct the flaws

By Helen Miller  

Photo: Kirsty O'Connor/PA Wire/PA Images

We spend much more time talking about the specific ways in which the government spends money than about how revenues are raised in the first place. This is somewhat surprising given that annual tax revenues are around £740bn—that’s 35 per cent of national income.

As pressures continue to grow on public services, including as a result of an ageing population that demands more and more expensive health and social care, we may see more discussion about the size of the state. But how we raise…

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