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Despatch: Tax treachery will cost us

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Manage episode 518669153 series 1412131
Content provided by CapX. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CapX or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Is Britain heading for another 1976 moment? With a £30 billion fiscal hole and few promises left unbroken, Rachel Reeves looks set to raise income tax — a move that could mark a grim turning point for Britain’s economy. In this essay, Reem Ibrahim, Head of Media at the Institute of Economic Affairs, warns that higher taxes on work will punish aspiration, stifle growth, and echo the policy mistakes that once sent Britain to the IMF, cap in hand. Her message is clear: without spending restraint, Reeves risks repeating history’s harshest lesson.


Despatch brings you the best of CapX — the sharpest writing from the UK’s most insightful daily newsletters.

Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe.


Hosted on Acast. See acast.com/privacy for more information.

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279 episodes

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Despatch: Tax treachery will cost us

The Capitalist

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Manage episode 518669153 series 1412131
Content provided by CapX. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CapX or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Is Britain heading for another 1976 moment? With a £30 billion fiscal hole and few promises left unbroken, Rachel Reeves looks set to raise income tax — a move that could mark a grim turning point for Britain’s economy. In this essay, Reem Ibrahim, Head of Media at the Institute of Economic Affairs, warns that higher taxes on work will punish aspiration, stifle growth, and echo the policy mistakes that once sent Britain to the IMF, cap in hand. Her message is clear: without spending restraint, Reeves risks repeating history’s harshest lesson.


Despatch brings you the best of CapX — the sharpest writing from the UK’s most insightful daily newsletters.

Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

279 episodes

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