Should we shake up taxes to recover from the pandemic?

Chancellor Rishi Sunak has said that Britain faces new tax rises in the wake of the pandemic. But over the summer Labour’s shadow chancellor Anneliese Dodds warned against increasing taxes during an economic crisis. Meanwhile, new research has found that increasing numbers of Tory voters are in favour of higher taxes.

So, what do Labour and the Conservatives think about tax rises? Should we be changing the tax system during a recession? And if taxes do rise, who should be paying the most?

Ayeisha is joined by Robert Palmer, executive director of Tax Justice UK and Anoosh Chakelian, Britain editor at the New Statesman.

-Find out more on Tax Justice UK's work on tax and public opinion here:

https://www.taxjustice.uk/tax-and-public-opinion.html

-Read the report Living on Different Incomes in London: Can public consensus identify a 'riches line'? https://www.trustforlondon.org.uk/publications/can-public-consensus-identify-a-riches-line/

-----

Researched by Margaret Welsh. Produced by Becky Malone.

Music by Poddington Bear and Ketsa under Creative Commons license.

Enjoying the show? Tweet us your comments and questions @NEF!

The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org