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Ep 37: The Truth About British Taxes No Politician Will Tell You About with John O'Connell
Is the UK heading for an IMF-style bailout? It's time for a painful truth about the British taxes and the debt crisis we're facing.
In this explosive interview, John O’Connell (TaxPayers’ Alliance) explains why Britain’s debt interest is soaring, how index-linked gilts turbocharge inflation costs, and why we’re “borrowing to pay the interest.”
We break down tax rises (income tax, national insurance, VAT), stealth taxes, frozen thresholds, and why “tax the rich” & wealth taxes won’t fix a structural cost of government crisis.
We cover the sluggish UK growth problem (why 3% is needed, not 1%), NHS inefficiency vs universal coverage models, and the hard choices that await us on public spending, welfare, and pensions.
If you care about the UK economy, cost of living, and your future take-home pay, watch this now.
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By Kat KuczynskaIs the UK heading for an IMF-style bailout? It's time for a painful truth about the British taxes and the debt crisis we're facing.
In this explosive interview, John O’Connell (TaxPayers’ Alliance) explains why Britain’s debt interest is soaring, how index-linked gilts turbocharge inflation costs, and why we’re “borrowing to pay the interest.”
We break down tax rises (income tax, national insurance, VAT), stealth taxes, frozen thresholds, and why “tax the rich” & wealth taxes won’t fix a structural cost of government crisis.
We cover the sluggish UK growth problem (why 3% is needed, not 1%), NHS inefficiency vs universal coverage models, and the hard choices that await us on public spending, welfare, and pensions.
If you care about the UK economy, cost of living, and your future take-home pay, watch this now.