Gordon Brown's intricate sums

Article Abstract:

The United Kingdom Mar 1999 Budget has involved net reductions in tax, though they come into effect over a three year period, and previous tax increases will also take effect. The government is helped by a drop in inflation and interest rates, which mean that its debt servicing charges have dropped. Pension funds and businesses have been affected by the end of dividend tax credits in the first budget of chancellor, Gordon Brown. Employees and consumers are likely to be affected, and the redistributive effects of Brown's budgets are unclear.

Legislative Bodies, Budget, Taxation, Cover Story

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No room, no room: the budget

Article Abstract:

British Chancellor Norman Lamont's budget, in a deep recession, immediately before a national election, is necessarily politically motivated, but he wisely avoided drastic tax cuts to jump start the economy. Budget details and its critical reception are examined.

Antiquities

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