Hills, John - London School of Economics (LSE) - 2000
maintenance of the welfare state, not as a dead-weight burden. It sets recent developments in the UK tax ratio in the context of … effects of both tax and spending. It then discusses tax and transfer policy since the change of governance in May 1997 in the … four Labour Budgets since July 1997 with those which would have resulted from simply indexing the April 1997 tax and social …