EPISODE · Oct 28, 2024 · 12 MIN
Crystal-Ball Gazing: Pre-Budget Speculation (Part 2)
from For Finances Sake (FFS) · host Small Talk Podcast
Labour could avoid the accounting headache of piecemeal tax increases by possibly breaking their pre-election promises and raising income tax, employee's national insurance contributions or VAT. While politically explosive, some economists say it would be the simplest way to raise large sums in a transparent way. But would it represent a big gamble that mixed voters could be won over by improved public services and higher investment? Rachael answers your questions from last weeks episode.
What this episode covers
Labour could avoid the accounting headache of piecemeal tax increases by possibly breaking their pre-election promises and raising income tax, employee’s national insurance contributions or VAT. While politically explosive, some economists say it would be the simplest way to raise large sums in a transparent way. But would it represent a big gamble that mixed voters could be won over by improved public services and higher investment? Rachael answers your questions from last weeks episode.
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Crystal-Ball Gazing: Pre-Budget Speculation (Part 2)
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