RE: So news today12 Jun 2025 18:23
The IFS are laughing at Rachel Thieves.
“Paul Johnson, the head of the Institute for Fiscal Studies, says it is hard to overstate the scale of the shift taking place in the economy this decade, as government spending mounts on public services, welfare and debt interest – and taxes rise to match.
“These are historic changes in the size of the state and the size of taxation in this country,” says Johnson.
“Over all of my lifetime up until 2020, taxes hovered around 33pc of national income. By the end of this decade they will be 38pc of national income. I cannot see them coming down.
“In economic history terms I think this decade will be seen as the decade in which the British state grew.”
Labour morons.