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Welfare: Savings not taxation

Douglas, Roger, MacCulloch, Robert, (2017), “Welfare: Savings not taxation”, Vox Eu, 25 Μαΐου

Across many countries, the cost of publicly funded healthcare, retirement, and other welfare programmes are forecast to put rising pressure on government budgets. As a result, many nations are seeking to reform their welfare states so that costs to the government can be reduced, quality of outcomes increased, and the plight of low- and middle-income earners improved. Regrettably at present, there are at least three problems concerning many of the debates about reform of the welfare state.

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