Did the government really just cut your taxes?
What the government takes from you in tax and what it chooses to spend that money on is a crucial question in any election. The next one won’t be any different. But with the economy struggling and high inflation how much room is there for manoeuvre?
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Show Notes
Jeremy Hunt announced £20bn in personal and business tax cuts in his recent Autumn Statement. But to pay for that schools, hospitals and other public services won’t be protected from the rising cost of inflation. On top of that, forecasters predict economic growth will be weak and inflation will remain high over the next few years. So what choices do taxpayers face and what might greet a new government next year when it comes to tax and spend? John Curtice and Rachel Wolf are joined by Torsten Bell who runs the Resolution Foundation think tank.
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