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Fiscal Policy, Budget Deficits and Government Debt

P/E/381. Tax policy of Labour Government

WORDS:
1000
DATE:
2005
PRICE:
19.99 GBP

The paper examines the factors behind the effective marginal tax rate reviewing the policy of the Labour Government related to work incentives, poverty reduction, labour supply, etc. The implications of the child tax credit (CTC) and working tax credit (WTC) are discussed.

 

KEYWORDS: tax, policy, labour, government,