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Tax, politics and the next general election

Heather Self (Blick Rothenberg) suggests what the main political parties should – and, importantly, should not – include in their manifestos.

With a general election widely predicted for Spring 2024 the major parties will be drafting their manifestos over the next few months. Here are my suggestions for what they should – and importantly should not – include in relation to tax.

I am not making policy proposals about whether taxes spending and borrowing should go up down or remain the same – those are political decisions for the parties to take. What I am seeking to do is to point out the implications of different policy decisions: for example if a party wants to spend more on the NHS and does not want to borrow more then taxes will have to go up. Which tax increases would raise money most efficiently...

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