"Tax increases of £60bn or a return to austerity will be needed to restore the UK’s public finances to stability after coronavirus, the fiscal watchdog said on Tuesday, predicting government borrowing will reach £370bn this year."
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That's 7-8% on all income tax rates, but since the Govt would not dare to fairly spread the burden it would have to do the usual thing: hit with the much higher rates poor sods AKA middle classes.
The future is not bright - the future is DOOMed.
Subscribe to read | Financial Times
That's 7-8% on all income tax rates, but since the Govt would not dare to fairly spread the burden it would have to do the usual thing: hit with the much higher rates poor sods AKA middle classes.
The future is not bright - the future is DOOMed.
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