A 30 Billion Tax Rise, That's Very Substantial

People are going to be substantially poorer than they would otherwise have been, because of these freezes in in-compact thresholds. We're looking at a 500 pound loss just in April for most basic rate taxpayers, and a 1,000 pound loss just this April for most higher rate taxpayers. And that comes to rather more if you look over the full six years. A 30 billion tax rise, that is very substantial. There was another non-change, as it were, which is a constant non- change, which is the failure to increase duties on petrol and diesel in line with inflation. Back in 2010, we had a system where prices rose, and every year the government put up fuel