Tag: OBR
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Why the OBR’s Fiscal Risks Report Should Shape Our Tax Debate on Electric Cars and Public Finances
Understanding the OBR’s Fiscal Risks and Sustainability Report When the Office for Budget Responsibility (OBR) releases its biennial Fiscal Risks and Sustainability report, it’s not merely a snapshot of the budget. It is a forward-looking map that highlights where public finances may wobble in the coming decades. For policymakers, journalists, and citizens, the document offers…
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Why the OBR’s Fiscal Risks Report Says We Must Tax Electric Cars
Understanding the fiscal horizon The Office for Budget Responsibility (OBR) is known for its sober, long-range assessments of the public finances. Its biennial Fiscal Risks and Sustainability report peers into the horizon to examine demographic shifts, productivity trends, debt dynamics, and the fiscal implications of climate policy. While headlines often focus on near-term budgeting decisions,…
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Tax Fairness: Reeves Says Those With Broad Shoulders Pay More
Reeves signals a broader tax take from the wealthiest British chancellor Rachel Reeves used a high-profile appearance in Washington to outline a core principle guiding an autumn budget shaped by rising inflation and uncertain forecasts: those with the broadest shoulders should pay their fair share. As she prepares to present a package of tax rises…
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Reeves: Those with Broadest Shoulders Must Pay Their Fair Share in UK Tax Plan
Britain’s Budget Cliffhanger: Reeves Signals Taxation Based on Capacity Chancellor Rachel Reeves has outlined a principle that could steer the UK’s upcoming budget: those with the broadest shoulders should pay their fair share of taxes. Speaking in Washington, DC, on the eve of the autumn budget, Reeves indicated the government will pursue a package of…
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Reeves Signals Higher Taxes on the Wealthy as Part of November Budget Story
Reeves signals a new direction for the November budget British chancellor Rachel Reeves has indicated that higher taxes on the country’s wealthiest will form part of the forthcoming November budget. Speaking in Washington at the IMF annual meetings, Reeves pushed back against criticism she described as scaremongering and bleating, stressing that her priority is repairing…