“Low-income earners suffer most from the COVID-19 crisis. Having the option to work from home is largely a matter of education” Courtesy of IZA Home office at full pay is not an option for all employees hit by the coronavirus crisis. To analyze changes in work arrangements during the pandemic, a team […]
Tag: income
Emergency stimulus plan will cost billions
“A response to the Chancellor’s new package of support” By Carl Emmerson, Tom Waters and Xiaowei Xu, courtesy of the Institute of Fiscal Studies The Chancellor, Rishi Sunak, has today announced a substantial package of support that will incentivise employers to keep hold of their employees over the next few months […]
Yes, the rich do pay their fair share of taxes
“The Myth That the Rich Don’t Pay Their ‘Fair Share’ of Taxes” By Gary M. Galles, courtesy of the Foundation for Economic Education Elizabeth Warren and Bernie Sanders have led the charge to add many zeros to what some Americans should be given at others’ expense. As a result, they have doubled (or […]
Are women more willing to accept jobs with lower pay?
“Are women more willing to accept jobs with lower pay?” Courtesy of IZA Few topics in labor economics have received more attention in academic, public and policy debates than the gender pay gap. The IZA Newsroom frequently summarizes new research findings on various drivers of the gap, including the role of discrimination vs. structural differences, […]
Tory agenda is more statism, Queen’s Speech shows
“Queen’s Speech focused on increasing ‘state intervention,’ not plans to make people freer” By Mark Littlewood, courtesy of the Institute of Economic Affairs The Queen’s Speech makes clear the government’s commitment to negotiate and secure free trade agreements with the European Union and the rest of the world. The plans set out […]
UK working class voters want real tax relief
“New polling from the TaxPayers’ Alliance shows tax cuts are key to winning working class votes” Courtesy of the Taxpayers’ Alliance Landmark national polling data, commissioned by the TaxPayers’ Alliance (TPA) and conducted this summer, has found that working class voters back bold tax cuts, both on household income and on British businesses. […]
Minimum wage hike led to less working time, higher prices in Germany
“Four years statutory minimum wage – an overview of the most important research findings” Courtesy of IAB It was the most radical reform of the German labor market since Agenda 2010: the introduction of the statutory minimum wage in 2015. At that time, science and practice contradicted each other in partly diametrically opposed […]
Young people in UK face stagnant incomes, lower wealth
“How are younger generations faring compared to that of their parents and grandparents?” By Jonathan Cribb, courtesy of IFS Interest in how the economic circumstances of younger generations compare to those who are older shows no signs of slowing. Politicians on all sides of […]
UK should tax income from wealth like work income
The UK should rationalize its tax system with reforms that would treat income derived from wealth (e.g. capital gains from stock holdings) the same as income derived from work, argues Shreya Nanda in an op-ed for CapX. While it will hardly be popular with rich […]