The most convincing theory I've heard is that the Tories are hoping it'll give a short term stimulus that generates some figures they can hang their hat on, to convince people they've better off than they are.
I'm pretty sure that neither will it work, nor will it convince people. But I feel like that is the most credible rational for it.
Also heard someone say they'll U-turn on the windfall tax when quarterly profits come out.
Just to jump back to the Truss tax cuts....
The most convincing theory I've heard is that the Tories are hoping it'll give a short term stimulus that generates some figures they can hang their hat on, to convince people they've better off than they are.
I'm pretty sure that neither will it work, nor will it convince people. But I feel like that is the most credible rational for it.
Also heard someone say they'll U-turn on the windfall tax when quarterly profits come out.