Tax rises inevitable', think tank warns as Reeves set to reveal Budget priorities
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Tax rises inevitable', think tank warns as Reeves set to reveal Budget priorities
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"Tax rises are inevitable, a leading think tank has warned hours before Rachel Reeves sets out her Budget priorities. The chancellor will use a speech today to pave the way for sweeping tax rises expected to be announced at the end of the month,pledging to make important choices that will shape our economy for years to come. In a major pre-Budget address, she will set out her three priorities for the fiscal event cutting hospital waiting lists, the national debt and the cost of living. The Resolution Foundation has said that there was a way to implement the inevitable tax rises that boosts confidence in the economy and the public finances, while also reducing child poverty and the cost of living."
The Independent sends journalists to cover developing stories across issues like reproductive rights, climate change and Big Tech and relies on donations to fund on-the-ground reporting. The outlet avoids paywalls and intends readership support to keep reporting accessible to all while maintaining editorial reach across the political spectrum. A leading think tank has warned that tax rises are inevitable ahead of the chancellor's pre-Budget speech. The chancellor intends to prioritise cutting hospital waiting lists, reducing the national debt and addressing the cost of living. The Resolution Foundation argues tax rises can be structured to boost confidence and reduce child poverty.
Read at www.independent.co.uk
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