The “Spend Now, Tax Later” Budget
Friday, March 19, 2021
The majority of the CfM panel of experts on the UK economy thinks that the super-deduction for corporate investment announced in the spring budget will moderately aid the UK’s recovery from the Covid recession, but that the announced corporate tax increases will do moderate harm. Most panelists believe that the government is moving too fast on deficit reduction.
The March 2021 CfM survey asked members of its UK panel of experts about tax, spending, and deficit-reduction measures in the spring budget.