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I thought VAT unfairly affects people on lower incomes, given a basic level of spending required to function in society?
A raise on income tax across the board is not dodgable by the vast majority of people. Easier to plan for all round too...
Dramatic_Hammer-
Andrew Yang has made pretty convincing arguments for use of VAT.
The number of people due to pay the top rates of tax is increasing rapidly. Accountancy is changing quick too, getting better at marketing these dodges so increasingly high earning individuals pretty much take themselves out of tax. Except VAT.
miro_o
I agree. If there is a shift in public opinion it is a recognition that the economics of austerity were pretty personal. Underwhelming at best. Devastating at worst.
I don’t see any appetite for Socialsm or massive spending, but I do think people are open to solutions to some of the bigger problems incoming.
Whoever is in power taxes are going to have to rise. Labour should look into using VAT instead of income and corporation tax (as these are now dodged). VAT actually tracks wealth quite well.
Labour are at least not ideologicaly at odds with tax rises. Any tax rises are politically more painful for the Conservatives. So that’s good.
Programs that actually save money long-term are the low hanging fruit. Chronic underfunding now means these exist all over. Solid plans to rebuilding these could be a vote winner if communicated well.