Rishi Sunak warns taxes WILL rise in the springRishi Sunak has hinted that taxes could rise in the Spring as Britain attempts to balance the books following the coronavirus crisis.
The Chancellor is set to outline a £100billion plan for long-term infrastructure investment and a £3billion package of new spending to support the NHS in recovering from the pandemic.
But in an interview ahead of his spending review on Wednesday, he warned that Britain is experiencing an 'economic shock' that must be paid for somehow.
Mr Sunak has said some combination of spending cuts and tax rises are anticipated following the crisis but added it is a 'question of timing' while the economy is in difficulty.
https://www.msn.com/en-gb/money/other/rishi-sunak-warns-taxes-will-rise-in-the-spring/ar-BB1beWxT?ocid=msedgntp
Comments
You already know my view on businesses getting grants at this time...🤪
In many cases the u-turns are proof that the government also agree.
The impossibility of reversing Brexit was clear long ago.
We were on the losing side,
However I find it ridiculous that they are criticising businesses for not updating themselves on the new trading arrangements with the EU, when nobody knows what they are, as they are still negotiating them.
They surely cant be saying that there will be no difference to arrangements on 1st January, whether we get a deal or not.
A little experiment by the French yesterday, merely asking for truckers passports resulted in a 5 mile tailback on the M20, within a couple of hours.
You would hope that the government had considered a solution when they took up their negotiating position.
The government will not be able to hide from their lies about Brexit for much longer.
I dont believe in illegal immigration, but we should take our fair share of refugees.
The reason why the illegal channel crossing take place is because any asylum applications have to be made on British soil.
If this was changed and we accepted applications in France.
We could drop all those crossing illegally back in France, and accept our fair share from the applications made in the proper manner at our French office.
If we ruled that anyone crossing illegally would automatically be denied asylum forever, we would surely see very few illegal crossings.
I dont think the government had the balls to cancel Christmas.
The number of deaths this is likely to cause will probably come back to bite them at some point.
There are a number of whammys that the UK taxpayer will have to fund.
There is the Brexit one, in which the UK government could have chosen a path to lessen the damage, but dont seem to have done so.
Then there is the covid one, in this case they seem to have maximised the bill by throwing so much money away. I wont go through the full list, but £22billion on a useless test and trace, and £millions on useless PPE, etc etc.
Then there are the unavoidable job losses, where those that have lost their jobs will not be contributing in the forseeable.
Then there are the benefits that will be paid to the above.
This will result in a bigger bill split between fewer people, cutbacks, tax rises, and more austerity.
As for Covid there has been a lot of waisted money as you say and its a disgrace that those in government cannot work together for good of the country i have to be honest all the MPs in parliament want to do is IMO is point score and im not sure any of them really no what to do about this situation ...
anyway i hope your well and staying safe i can be a **** sometimes but do not mean to be i get bored sometimes with these lock downs and as I've said to jezz and Danny i think I'm getting a little depressed so i apologise if i have at anytime been disrespectful ....
Take it easy, and good luck on the tables.
Jacob Rees-Mogg said it is 'very important to maintain manifesto commitments'
The Commons Leader said breaking pledges has 'consequences' at ballot box
He said no 'sensible party or government' should break commitments 'willy nilly'
Comes after Rishi Sunak has repeatedly hinted at tax rises to pay for Covid crisis
The Commons Leader said it is 'very important to maintain manifesto commitments' and breaking them always results in 'consequences' at the ballot box.
https://www.dailymail.co.uk/news/article-9025835/Jacob-Rees-Mogg-warns-Rishi-Sunak-against-tax-rises.html