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  • 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 earring individuals pretty much take themselves out of tax. Except VAT.

    Taxes on the middle classes need to rise, so increases in Income Tax on the lower and mid bands, with a further increase in exemptions at the lower end. But no party will go into an election with a manifesto that promises tax increases "for the many, not the few".

  • But no party will go into an election with a manifesto that promises tax increases "for the many, not the few".

    It’s almost as if we need a leader who is willing to make the case for realistic taxation, in order to move past these perceived political-problems.

    I hoped this was the right thread for that 🤔

  • It’s almost as if we need a leader who is willing to make the case for realistic taxation, in order to move past these perceived political-problems.

    Yes, but when the Conservatives went into the last election with a policy of taking old peoples homes to pay for care*, it was a disaster, and was partly to blame for the collapse in the lead they had over Labour.

    • it was a bit more nuanced than that
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