Sutherland, Holly, Hancock, Ruth, Hills, John and Zantomio, Francesca (2008) Keeping up or falling behind ? The impact of benefit and tax uprating on incomes and poverty. Fiscal Studies, 29 (4). pp. 467-498. ISSN 1475-5890
Full text not available from this repository. (Request a copy)Abstract
Each year, the government decides how much to raise benefits and tax allowances. In the UK, the basis for these upratings is rarely debated, yet has major long-term consequences for the relative living standards of different groups as well as for the public finances. This paper considers the medium-term implications of present uprating policies, which vary across parameters of the tax-benefit system. Continuing these policies for 20 years, other things staying the same, would result in a near doubling of the child poverty rate alongside a substantial gain to the public finances. At the same time, pensioners are largely protected by the earnings indexation of pensioner benefits including, in time, the basic state pension. We show how difficult it will be to meet the UK child poverty targets unless the greater inequality inherent in the current regime for uprating payments and allowances is redressed.
Item Type: | Article |
---|---|
Additional Information: | Source:HEG-endnote12-09 Note: |
Faculty \ School: | Faculty of Medicine and Health Sciences > Norwich Medical School |
UEA Research Groups: | Faculty of Medicine and Health Sciences > Research Groups > Public Health and Health Services Research (former - to 2023) Faculty of Medicine and Health Sciences > Research Groups > Health Services and Primary Care Faculty of Medicine and Health Sciences > Research Centres > Business and Local Government Data Research Centre (former - to 2023) Faculty of Medicine and Health Sciences > Research Groups > Health Economics Faculty of Social Sciences > Research Centres > Centre for Research on Children and Families |
Depositing User: | EPrints Services |
Date Deposited: | 25 Nov 2010 11:11 |
Last Modified: | 30 Jun 2023 10:30 |
URI: | https://ueaeprints.uea.ac.uk/id/eprint/14252 |
DOI: | 10.1111/j.1475-5890.2008.00082.x |
Actions (login required)
View Item |