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Podcast: The SharePickers Podcast with Justin Waite
Episode: The Two Real Reasons Reeves Needs to Raise Tax on Working People
Description: The Two Real Reasons Reeves Needs to Raise Tax on Working People
So she has to raise tax due to 2 reasons that are her fault, namely:
She gave herself only around Β£10bn headroom, when previous chancellors have given themselves Β£30bn. Even if the economy had been strong and showed growth, there would be little room for error.
The growth she was hoping for, she destroyed by taxing the very source of that growth: SMEβs.
So she now has to raise taxes again on working people. So sheβs now taxing business and working people and gr...