'We just got a whole lot poorer,' says IFS head after autumn statement
Guardian, 18 Nov 2022
Paul Johnson, director of the Institute for Fiscal Studies, said the British people had 'just got a whole lot poorer', during a livestream in which his thinktank shared its analysis on the autumn statement and broader economic climate.
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Explaining the scope of the burden this would place on the public, Johnson said we have entered a new high tax, large state era. 'I would be most surprised if the tax burden gets back down to its longterm pre-Covid average at any time in the next several decades,' he said
The British people ‘just got a lot poorer’, says IFS thinktank.
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