Reposted by Nubasutra
John Healey under pressure to raise taxes or cut UK spending as fiscal headroom shrinks.
No mention of the
£59bn not collected by HMRC last year
Profit shifting to dodge taxes
Tax anomalies - e.g. capital gains & dividends taxed at lower rates than wages.
Capital welfare programs.
archive.ph/glmbd
ft.com
John Healey under pressure to raise taxes or cut UK spending as fiscal headroom shrinks
US-Iran war and new spending commitments threaten to cut buffer to as little as £7bn, economists estimate