I’ve not really taken seriously all the briefings they’ve given on where they’ll raise taxes, I’d fully expect the budget to not resemble anything that’s been muted over the past few weeks such is the extent of their bullshit, I’d fully expect them to do something that’s not even been mentioned in the run up. I mean, who saw the farmers IHT coming? Or Chagos? They are totally random,
What I don’t get is how they can’t see a spiral happening. They aren’t cutting spending, indeed are raising spending, they’ve already raised taxes and the ‘black hole’ has increased since….so what next? I think they’ll find a 5 year term is a very long time. Literally everyone knows the tax rises in whatever capacity they turn out to be won’t touch the sides of their spending habits, that they’ll likely tank productivity too, so what the fuck will they do in 2026’s budget?
i can’t picture even Rachel Reeves this time next year being able to keep a straight face and put in even more tax rises.
It does look like they are the walking dead, they simply can’t last with this strategy of no spending cuts.