Research-based
policy recommendations
for the G7

Universal Contributions

Abstract

G7 countries will need to better align their tax systems with social protections to create the reciprocity necessary to support stronger social cohesion.

A combination of tax simplification and direct assignment of revenues from private taxes to universal protections creates a sustainable fiscal structure that enables stronger cohesion.

Amidst the rising cost of living, post-pandemic recovery and the urgent need to meet net zero requirements, our proposals for tax reform and implication provides a clear example of how such reforms using analysis from a G7 country such as the UK can foster greater social cohesion and solidarity. We argue that using a flat rate definition of incomes where both active (earned) and passive (unearned) incomes are treated equally forms the basis of a more socially just and equal society.