Peter Conway's paper asks the question about whether in next Thursday's Budget  we will see a ‘tax switch’ or a ‘tax swindle’. In particular it focuses on the impact of possible changes in the tax scales. Peter argues that the tax switch is built on poorly developed arguments around tax and economic growth and the connection between tax and labour mobility. He does agree with the arguments around the need for greater tax on property.

However Peter contends it is unfair if the benefit of these changes is overwhelmingly captured by those already on high incomes. Peter's paper can be downloaded here and you also get Papers and Presentations from previous Fabian lectures and seminars.