Day: 14 September 2020

We need more progressive taxation, and a wealth tax, to pay for the COVID-19 rescue packages

Posted on 14 September 2020 by Wojtek Paczos

The cost of COVID-19 rescue packages will likely be partly financed by increased inflation, which will disproportionally affect less-affluent people and workers, including frontline NHS staff. Dr Wojtek Paczos and Dr Paweł Bukowski (London School of Economics) argue that to spread that burden more equitably, governments should consider an increase in progressivity of income taxes
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