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If Executive wants more fiscal control it must get its priorities right

Paul Johnson


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If the Executive had some control over one of the three big taxes — income tax, VAT and National Insurance — which account for about two-thirds of all tax paid here, then it could either raise significant sums for local services or make cuts to reduce the overall tax burden. Stock image

If the Executive had some control over one of the three big taxes — income tax, VAT and National Insurance — which account for about two-thirds of all tax paid here, then it could either raise significant sums for local services or make cuts to reduce the overall tax burden. Stock image

If the Executive had some control over one of the three big taxes — income tax, VAT and National Insurance — which account for about two-thirds of all tax paid here, then it could either raise significant sums for local services or make cuts to reduce the overall tax burden. Stock image

Tasked with examining the case for increased fiscal devolution, we at the Independent Fiscal Commission NI have just published our interim report.

The Executive is currently responsible for most public spending, but it has barely any powers to raise or alter taxes. Should the Executive have the freedom to alter rates and structures of tax in the same way as, or perhaps more extensively than, the administrations in Edinburgh and Cardiff?


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