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Press watch: ‘Blistering attack’ on the tax system

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‘The Treasury should be held to account for a tax system that is “inefficient, overly complex and frequently unfair”, the Institute for Fiscal Studies has said in a stinging critique of tax policy.’

Financial Times, 14 September 2011

‘The top rate of income tax may not be raising any revenue for the government and could even be losing it money, a think tank is warning.’

Channel 4 News, 14 September 2011

‘In a blistering attack, the Institute for Fiscal Studies said a better tax system could create hundreds of thousands of jobs and add tens of billions to the economy.’

Daily Mail, 14 September 2011