The Government is spending more than GBP5 for every GBP4 it raises in taxes, racking up hundreds of billions in new debts. The recession has exposed the parlous state of the public finances. Politicians' irresponsible borrowing threatens to create a new economic crisis, driven by excessive, wasteful spending. If serious cuts aren't made then Britons face years of tax hikes and economic decline. All the major parties are planning to cut spending but none of them have set out a credible programme to make the tens of billions of cuts needed. In How to cut public spending, the TaxPayers' Alliance - Britain's independent campaign for lower taxes and better public services - presents the most thorough investigation yet of this vital issue and a plan to turn things around. Edited by Matthew Sinclair, their Research Director, it includes a detailed examination of the records of the major parties and sets out a detailed programme of potential cuts and essential reforms to ensure taxpayers get better value for money. Expert authors from around the world set out their experience of what it takes to successfully get a country's public finances in order.
The TaxPayers' Alliance is a campaign group representing taxpayers' interests. its previous book was The Bumper Book of Government Waste.