Starmer suggested that the highest earners could end paying more in tax, stating, "Those with the broadest shoulders should bear the heavier burden." He emphasized accountability for those responsible for the current economic mess, saying, "Those who made the mess should have to do their bit to clean it up." His warning about the upcoming October budget highlighted the painful financial decisions ahead as the government prepares for necessary tax hikes and spending adjustments.
Starmer warned that the government is preparing voters for a tax-raising budget in October. He expressed concern over the challenges of balancing revenue generation with the need for economic growth, stressing that, despite expectations for higher taxes on businesses and investments, these hikes might adversely affect growth and yield less revenue than anticipated.
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