About the Commission on Taxation and Welfare
From Commission on Taxation and Welfare
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From Commission on Taxation and Welfare
Published on
Last updated on
The Commission on Taxation and Welfare was established earlier this year and is an independent body tasked by Government to “review how best the taxation and welfare system can support economic activity and income redistribution, whilst promoting increased employment and prosperity in a resilient, inclusive and sustainable way and ensuring that there are sufficient resources available to meet the costs of public services and supports in the medium and longer term.” See the terms of reference for the Commission on Taxation and Welfare.
The taxation system provides the investment we make as citizens and as businesses for the public services we use - from our roads and bridges, to our hospitals and schools. More than simply a revenue-raising facility, a nation’s taxation system is a fundamental element of the apparatus of the State, influencing behaviour and driving economic activity.
For those of working age, our social welfare system serves to temporarily replace income lost to periods of unemployment, injury, disability, sickness or maternity. And where earnings from employment are insufficient to avoid poverty or social exclusion, our system intervenes to provide a floor below which income will not fall. Our social welfare system has a crucial role in cushioning sudden income loss, supporting families and encouraging employment for people in all situations.
Together, the tax and welfare systems are fundamental to implementing the social and economic aims of government. These are the most important instruments that we have to provide a safety net, to provide for income redistribution, to pay for the needs of our society. Together the taxation and welfare systems help us create our own future. Continuing to build the best versions of these systems benefits not only ourselves but also the generations yet to come. That is why the Commission’s work will consider how best to deliver well-designed, coherent and straightforward taxation and welfare systems, to ensure a fully functioning, sustainable labour market, active inclusion and participation in society.
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