The tax reform of 1993, which established a separate flat tax rate for capital income, is behind the growing income inequality in Finland, according to scientists at VATT Institute for Economic Research.
The UK’s educational system has long been festered with inequalities, as a result of which children from poorer backgrounds do worse throughout their lifetime compared to those born in richer households, a new study shows.
Inequalities in early cognitive, social and emotional development of children in the UK have remained ‘stubbornly high’, according to a new report from the Institute for Fiscal Studies (IFS).