Y'days post: Why can’t we do fiscal policy in a grown up way?
https://mainlymacro.blogspot.com/2025/03/why-cant-we-do-fiscal-policy-in-grown.html
In the last 6 months forecast taxes have fallen, so the government has reduced its spending plans to meet its fiscal rule. Cutting spending rather than raising taxes is a political choice.
https://mainlymacro.blogspot.com/2025/03/why-cant-we-do-fiscal-policy-in-grown.html
In the last 6 months forecast taxes have fallen, so the government has reduced its spending plans to meet its fiscal rule. Cutting spending rather than raising taxes is a political choice.
Merry Christmas •
MEIDAS TCat Ignores the lies •
The rich know they and their companies have been freeloading, with the lowest tax burden in decades. They'll scream and make political trouble, but they'll pay. It just takes will.
I've not been very impressed w #Labour , but tax rises on pensions >£1m and corp payroll are good moves (IMO). More #TaxTheRich increases, please.
LukefromDC •
Personally, I think a rather different "head tax" is in order for just the billionaires: their head IS the tax.
MEIDAS TCat Ignores the lies •