Carl Emmerson

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Last quote by Carl Emmerson

It is certainly the case that many low-income households don't benefit from an increase in the personal allowance. In part this is because so many have already been taken out of tax from the increases in the personal allowance since 2010.feedback
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Nov 15 2017
Carl Emmerson has been quoted 28 times in 12 different articles. On this page, you will find all of Carl Emmerson’s quotes organized by date and topic. Alongside each quote is a link back to the article where the quote was reported, so you can go back to the source for more context if you need it. Topics that Carl Emmerson speaks about are EU and budget, for example. Most recently, Carl Emmerson was quoted in the article McDonnell: £37bn paid to shareholders should have been invested saying, “However, we don't tend to think that the government is best placed issuing lots of debt buying up companies just because they are profitable, because the private sector is often better at managing things like risk than government. Otherwise the government could just buy Apple. The argument for nationalisation is usually a different one than the one being made here. It's about how who can manage it best.”.
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Carl Emmerson quotes

May 26 2017

When businesses pay tax, they are handing over money that would otherwise have ended up with people, and not only rich ones. Millions with pension funds are effectively shareholders. In the longer term, much of the cost is likely to be passed to workers through lower wages or consumers through higher prices.feedback

May 26 2017

The shame of the two big parties' manifestos is that neither sets out an honest set of choices. Neither addresses the long-term challenges we face. For Labour we can have pretty much everything – free higher education, free childcare, more spending on pay, health, infrastructure. And the pretence is that can all be funded by faceless corporations and 'the rich'. The case [for higher taxes] needs to be made with honesty about what it would mean for tax payments, not pretending that everything can be paid for by 'someone else.feedback

May 16 2017

They will almost certainly bring in tens of billions of pounds but quite possibly not the full amount that Labour expects.feedback

May 02 2017

The deficit is now roughly back to the level it was prior to the financial crisis, although is still above its long-run average. On the tax side, the impact on the public finances of substantial tax cuts has been more than outweighed by tax raising measures. On the spending side, seven years of austerity has seen significant cuts to areas such as working-age benefits and public order and safety. But despite this, overall public spending remains slightly above its pre-crisis share of the economy.feedback

May 02 2017 - British elections 2017

Eliminating the deficit before a May 2022 general election would be even harder: a combination of tax rises and spending cuts worth £15bn on top of current plans.feedback

May 02 2017

This is due to persistently poor economic growth and an increase in the share of national income devoted to health, pensioner benefits and overseas aid. Even more striking is the weakness of the subsequent recovery. This downgrade in expected income has adversely affected the finances of households and of the government. The latest forecasts suggest the deficit will fall over the next five years. But even had the next parliament run from May 2020 to May 2025 eliminating the deficit would have been far from straightforward.feedback

Apr 29 2017

They are nearly two thirds of government revenue. There are pros and cons of each of them. So someone living in a £2m property would pay four times as much as someone in a £500,000 one.feedback

May 24 2016

The overwhelming weight of analysis suggests that the economy would shrink by more than enough to offset the positive effect on the public finances of the reduced financial contribution to the EU budget.feedback

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