Is there any evidence for this? And surely reduced energy costs is the result of such a policy. And frankly if it exists it's a sensible policy - investing in a machine or building or lorry that… (View Post)

UK tax rates on the wealthy have not increased. The reason such a large proportion of revenues come from this small group is because such a large proportion of income now accrues to them. This gives … (View Post)

It's not nonsense, real wages are growing and have been throughout this Labour government. (View Post)

Oddly enough, Foxy's equation stands up. The US deficit is forecast to be about 50% higher than ours in 2026-27, and their economic growth about 50% higher too. (View Post)

FPT: The underlying theory is that richer people pay quite a lot of tax because their wealth/income is only possible because the state educates their labour, builds the roads and railways their goods… (View Post)