
106. How Much Pain Is Rachel Reeves Inflicting?
The Rest Is Money
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Impact of Tax and Spending Policies
This chapter examines the recent budget announcement featuring significant tax increases and public spending hikes, focusing on their implications for households and businesses. The discussion highlights challenges such as decreased private sector investment, potential higher mortgage rates, and the complexities faced by tax authorities in implementing reforms. Furthermore, it addresses the effect of recent tax changes on small businesses and farmers, raising concerns about their sustainability amidst economic stagnation.
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