Quote:
Originally Posted by bitontheslide
there are plenty reasons why taxes need to rise, it is clutching at straws to suggest growth figures make that more difficult
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Absolutely right.
There's only been growth over the last 2 quarters and while that's very welcome indeed albeit only 0.6%
It follows a recession of the previous last 2 quarters of 2023 where it was no growth and indeed negative for those 2 quarters.
I canvassed in the last election and found surprisingly as to taxes bots, I found a good number of people we all talked to, who wouldn't begrudge a tax increase as long as it was for a specific area
Such as the NHS, social care, plus although too, some public services requirements too.
I think both Labour and the Cons were wrong to rule out tax increases
It's unwise when you never know what's round the corner, domestically and Internationally too.
Such as the COVID issue which required very heavy and unexpected funding to get through it.
What will be interesting to see now is if growth holds in the next 2 quarters.
It's been rather flatlined at best for years overall.
Last year it went negative in the last 2 quarters sparking a recession.
So I'm looking to see and hoping now that growth will be evident in these next 2 quarters.
Then hopefully rise higher during next year.
Somehow I'm more optimistic it will, listening to what businesses are saying now as to a more positive atmosphere in place politically.