Aggressive tax cuts could backfire on the Tories
Voters may be ungrateful and demand better-funded public services instead.
ByNew Times,
New Thinking.
Read all the New Statesman’s comment and analysis on the Tax. For related content, go to our Bank of England and Interest rates section pages.
Voters may be ungrateful and demand better-funded public services instead.
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ByPeople who have lost their savings or had their identities co-opted have found themselves being pursued by the tax authorities.
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ByThe Autumn Statement revealed a government using its remaining time in office to poison its successor’s inheritance.
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ByThe Chancellor painted a rosy picture of economic growth and rising prosperity. But none of it was true.
ByWhile the Tories prioritise tax cuts, Keir Starmer’s party would prioritise the repair of public services.
ByThe government hasn’t cut taxes for workers and it can’t take credit for lower inflation.
ByThatcher’s Tory admirers such as Jake Berry should remember that she didn’t merely shrink the state: she re-shaped it.
ByYour weekly dose of policy thinking.
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ByIt is less important for social mobility, and more important for tax revenue, than you think.
ByCutting inheritance tax is a sure way to perpetuate wealth inequality and hinder economic growth.
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