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Economists call for a single UK levy to replace multiple taxes

The open letter argues the change should help raise funding for public services and ease political gridlock, according to the economists involved.

Reported · Written up by our desk · Europe

Guardian Economics reports that economists including Jim O’Neill have urged Andy Burnham to pursue a radical fiscal overhaul, centered on replacing six key taxes with a single levy.

The outlet says the proposed approach is intended to generate revenue for public services and unlock political gridlock in the UK.

Sources

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