Thursday 18th February 2021
Isn’t the disruption caused by COVID-19 a chance to change things? The government has been bailing us out, delaying payments, giving tax holidays, increasing benefits. We’ve become very used to change, so isn’t this time for a wholesale review of Britain’s exhaustingly complex tax system. It’s not going to happen with this government, says FT’s chief economics commentator Martin Wolf. In today’s “It’s The Business” podcast he talks to Phil Dobbie about the long term need to raise more tax revenue, and discusses some of the taxes we should consider.