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  • Anforme What might be the impact of the recent increase in the UK tax burden as a Percentage of GDP?

Anforme What might be the impact of the recent increase in the UK tax burden as a Percentage of GDP?

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Marwan Mikdadi of St Paul’s School and a Principal Examiner, examines the implications of a rising level of taxation in the UK.

 

Summary of Key Points:

 

·         Back to Basics: consider how taxes should be based.

·         Impact of Fiscal Drag

·         Effects of the rise in taxation on the macro economy.

·         Incentive effect, income effect and substitution effect

·         Summary of Key Points and Taking it Further.

This article appeared in ET Volume 14 issue 3

Download: D102

 

Marwan Mikdadi of St Paul’s School and a Principal Examiner, examines the implications of a rising level of taxation in the UK.

 

Summary of Key Points:

 

·         Back to Basics: consider how taxes should be based.

·         Impact of Fiscal Drag

·         Effects of the rise in taxation on the macro economy.

·         Incentive effect, income effect and substitution effect

·         Summary of Key Points and Taking it Further.

This article appeared in ET Volume 14 issue 3

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