Jeremy Horpedahl says claims that the bottom 40% in the UK pay no tax are misleading. While that may hold for income tax, VAT and other consumption taxes raise roughly as much revenue and add materially to lower-income households’ tax burden.
published
Jeremy Horpedahl says claims that the bottom 40% in the UK pay no tax are misleading. While that may hold for income tax, VAT and other consumption taxes raise roughly as much revenue and add materially to lower-income households’ tax burden.
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