IFS: tax & benefits have largely halted rapid rise in inequalitySubmitted by Kathryn Busby on 8 April 2010 This week the Institute for Fiscal Studies reported that: Tax and benefit measures implemented by Labour since 1997 have increased the incomes of poorer households and reduced those of richer ones, largely halting the rapid rise in income inequality we saw under the Conservatives. Despite this, inequality was still slightly higher in 2007–08 than when Labour came to office. Read their press release and briefing notes |
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