Monday Oct 28, 2024

Crystal-Ball Gazing: Pre-Budget Speculation (Part 2)

Labour could avoid the accounting headache of piecemeal tax increases by possibly breaking their pre-election promises and raising income tax, employee's national insurance contributions or VAT.

While politically explosive, some economists say it would be the simplest way to raise large sums in a transparent way.

But would it represent a big gamble that mixed voters could be won over by improved public services and higher investment?

Rachael answers your questions from last weeks episode.

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