Borrowing costs and a shaky growth story are boxing the chancellor into an ugly choice: raise taxes or cut deeper into services people already feel stretched. Nobody campaigns on tax rises, but the numbers may not care about the manifesto. Should the upcoming budget hike taxes?
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Not sure there's a painless path. Pick the least dishonest one.
Tax rises without reform is how you get stagnation with receipts.
Tax rises without reform is how you get stagnation with receipts.
Yes raise taxes on wealth/property more than work if you must.
Fiscal rules theater either way. Markets watch gilt yields.
Cut spending instead, but say which services. Vague austerity fails.
Agree — no, avoid tax rises — growth is already fragile.
No, avoid tax rises — growth is already fragile.
Disagree. not sure there's a painless path. Pick the least dishonest one.
Exactly. tax rises without reform is how you get stagnation with receipts.
Disagree. yes raise taxes on wealth/property more than work if you must.
Not sure there's a painless path. Pick the least dishonest one.
Not buying that. fiscal rules theater either way. Markets watch gilt yields.
Fair point, but cut spending instead, but say which services. Vague austerity fails.