• 1 Post
  • 4 Comments
Joined 1 year ago
cake
Cake day: July 3rd, 2023

help-circle
  • I think Labour has already pledged not to raise taxes, but let’s play devil’s advocate and pretend that they were going to slap a £2000 on everyone of working age.

    Doing some fuzzy maths based on statistics I can find online from 2 years ago, that’s roughly 45 million people, or £90 billion a year. Or to put in into the Brexit campaign’s favourite terms, £1.7 billion per week going into public coffers.

    I’m not suggesting such a flat structure would actually make sense as a policy, but that maybe tax rises as a concept aren’t always a universally bad thing.