Due terzi degli inglesi sostengono che Reeves dovrebbe tagliare la spesa e non aumentare le tasse

Let’s ask the public what benefits they want to be cut, and we’ll see how steadfast that view is.

We either increase the size of the pie, or reduce portions of the pie….unless someone doesn’t eat..

If we don’t want to reduce services or starve people, the pie (tax) must increase.

2/3 of brits after she does that “why are all my public services broken?”

Kill the triple lock. It’s unsustainable and always has been.

Thirty percent off pensions. Close one in three hospitals.

Now how do the books balance?

‘Oh, but my mum is ill and can’t get an appointment!’

Never mind. My tax bill hasn’t gone up. Be sure to tell her.

# Two-thirds of Brits say they should have their cake and eat it

The Treasury Department and the central bank are both agencies of the UK government. Their powers and operational details are determined by legislation enacted by the Parliament. For financial purposes they are best thought of as one consolidated entity. 

The UK Government creates its currency by typing numbers on a keyboard. It deletes its currency by typing numbers on a keyboard. It doesn’t earn, collect, save, or borrow its own currency — not in any substantive way. It might set up its accounting procedures to create the appearance that it collects, earns, saves, and borrows, but in reality it only does two things to its currency: create and delete. 

When the UK government makes payments it is creating its currency. When it receives payments it is deleting its currency. The purpose of the national tax system is to drive demand for the currency, not to raise money for the national government. The limits on the national government are the availability of real resources, the extent of technology, ecological constraints, constitutional rules, and political constraints. There are no financial limits on the national government when it spends its own currency. 

These realities have important implications for the government’s macroeconomic policy. First, a fiscal deficit is not inherently bad. Second, a fiscal surplus is not inherently good. Third, the appropriate fiscal balance for any given year is whatever satisfies the spending and saving desires of the non-government sector and delivers less than 2 percent unemployment, zero under-employment, stable prices, the best public services and public infrastructure that we can create with the real resources available to us, and ecological sustainability. Fourth, monetary policy – adjustments to official interest rates – is a blunt and ineffective policy tool for influencing economic outcomes. We should phase out monetary policy and let fiscal policy do the heavy lifting. 

Regulatory policy – the rules that shape economic behaviour – and industry policy – investing in industries that are important to our nation’s self-reliance – are the other main instruments the government has at its disposal. Fiscal policy, regulatory policy, and industry policy – these are the levers the government can use to do beautiful things for our country. 

The problem here is that people are tslking about their personal taxes.

What about corporation taxes particularly for multinationals. Lets close all the loopholes and exceptions and make it clear that whatever profita you make in this country are taxed in this country. That should apply to all countries.

Secondly lets get rid of companies like airbnb. They are distorting the housing market patticularly in the UK wher space is at a premium.

It’s actually not complicated to grow the economy, low taxes, people have more money in their pocket to spend, increases demand, means increased workforce needed. Low/no benefits mean people need to work and the jobs are there.

The cut to 20% was achieved by selling everything we owned, currently we’re pouring money into the things we sold so that shareholders don’t suffer, there’s now only the nhs to sell, so we either do that or income tax has to go up, it’s not a difficult choice, but no government wants to be the ome to do it, so they’re all doing things to make us vote for one certain disastrous government, who will get one term, then the tories will inherit what’s left and blame the previous government on, tax increases, exit from the echr and the loss of many of our rights, ridiculously low minimum wage and the rest of the world shunning us for machine gunning people in rubber boats, but as usual they too will reap their benefits while claiming they’re powerless to fix it this term.

Except she tried doing that and people had a shitfit. Particularly the pensioners

Course they do the average (and probably above average) voter is utterly clueless on both the numbers and the inter connectivity of policy. Cut one thing and see where the cost pops up.

I’d honestly rather pay far more tax and have better health and social care, better pensions and welfare in later life if needed.

Scrap the triple lock. People here quoting the increase in welfare but conveniently ignoring the huge state pension increases since the pandemic (due to inflation).