Most people don’t approach me on the street to talk about tax. But what they worry about – their kids’ futures (can they ever buy a house?), the impact of climate change, the rising cost of living, how businesses can stay internationally competitive – are all affected by our tax system. And it is just not up to the job.
The intergenerational report highlighted the challenges of 2063 – ageing population, fairness between generations, productivity, climate change – but these challenges are already biting, and tax reform should be part of the short and medium-term solutions.