TASC on the Finance Act

TASC have produced a report on the Finance Act: you can download it here.┬á It covers a mix of: (i) economic efficiency issues – is the tax system efficient?; (ii) process issues – can the process by which the Finance Act is formed and legislated be improved?; and (iii) value issues – the design of the tax system has a fundamental influence on the distribution of income and wealth, with TASC advocating a shift towards a tax system that supports greater equality of outcomes.