Understanding the Impending Tax Burden on the Middle Class

The UK government will be forced to raise taxes in October to avoid financial instability. Who they choose to tax at this next Budget will beat a path for other Western governments facing the same problems. Here's what they're planning – and why it could be the beginning of the end for the middle class.

Other episodes mentioned by Gary:

'The Squeeze out' AKA Why Labour is crushing your living standards https://open.spotify.com/episode/2yO2SJstjBX2lpW7Jn0AO6?si=b84234841c8b42ca

What's in this episode:

(00:00) Intro

(00:47) Why this year's UK Budget matters

(02:10) What they will announce

(02:50) Governments going bankrupt

(08:25) Do they have other options?

(10:48) Tax the rich or tax the middle class

(11:15) Rich vs middle class vs working class

(12:29) Do not trust the rich

(13:13) My message to middle class people

(15:04) What I mean by "tax the rich"

(16:09) The rich are WINNING