Tax system does help reduce UK's inequality problem, says report

IFS study shows Conservatives wrong to plan tax cuts, says John
McDonnell

The UK tax system does help reduce the country’s
wealth inequality
problem, according to a report released on
Monday by the Institute for Fiscal Studies, but benefits still do
most of the heavy lifting.

The findings were seized on by the shadow chancellor, John
McDonnell, who said the IFS’s evidence showed that the government
was wrong to plan tax cuts.

Source: FS – All-News2-Economy
Tax system does help reduce UK's inequality problem, says report