The SharePickers Podcast with Justin Waite

2926: The Two Real Reasons Reeves Needs to Raise Tax on Working People


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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:

  1. She gave herself only around £10bn headroom, when previous chancellors have given themselves £30bn. Even if the economy had been strong and showed growth, there would be little room for error.
  2. The growth she was hoping for, she destroyed by taxing the very source of that growth: SME’s.

  3. So she now has to raise taxes again on working people. So she’s now taxing business and working people and growth is yet to be seen.

    And growth probably won’t materialise. 

    You can’t tax your way to growth.

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    The SharePickers Podcast with Justin WaiteBy Justin Waite

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