Labour's pledge not to raise working people's taxes 'not credible', IFS says
The IFS has read through the manifestos and decided - depressingly - that all of them should carry a health warning of sorts, Joel Hills reports.
The IFS has read through the manifestos and decided - depressingly - that all of them should carry a health warning of sorts, Joel Hills reports.
By the time of the next general election, taxes will likely have risen to around 37% of national income, according to analysis by the IFS.
The Institute for Fiscal Studies said efficiency savings and ‘trimming the fat’ will not be enough to get debt falling.