{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5ea004d9fbcc383829c71657/68f783c08125b849f80cca55?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"How to fix income tax","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/5ea004d9fbcc383829c71657/1761051408251-ba811377-8679-44b6-a340-ba4739401aa2.jpeg?height=200","description":"<p><strong>In the first episode of our new mini-series on how to fix the UK’s tax system, Helen is joined by Stuart Adam and Ben Zaranko to explore income tax - the cornerstone of government revenue, and one of the most confusing parts of our system. </strong></p><p><br></p><p>Why do we have two separate taxes on earnings? Why do odd kinks and cliff edges exist that distort behaviour? And what would a well-designed income tax actually look like?</p><p><br></p><p>This episode dives deep into the structure of income tax and National Insurance, revealing how small design flaws create big inefficiencies - and what we can do to fix them.</p><p><br></p><p>Become a member: https://ifs.org.uk/individual-membership</p><p><br></p><p>Find out more: https://ifs.org.uk/podcasts-explainers-and-calculators/podcasts</p>","author_name":"Institute for Fiscal Studies"}