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Privatised NHS? Paying for insulin?
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<blockquote data-quote="tim2000s" data-source="post: 1480751" data-attributes="member: 30007"><p>Whilst the headline tax rate may appear lower than 7 or 8 years ago, if you look back through the UK accounts, the amount of hard cash that came in to the public coffers as the rate was reduced increased. Higher headline tax rates actually reduce the amount of tax revenue we make. Now I've no doubt there's a nice break even somewhere, but raising them from where they are now will not be beneficial to the UK economy, where reducing them may be.</p></blockquote><p></p>
[QUOTE="tim2000s, post: 1480751, member: 30007"] Whilst the headline tax rate may appear lower than 7 or 8 years ago, if you look back through the UK accounts, the amount of hard cash that came in to the public coffers as the rate was reduced increased. Higher headline tax rates actually reduce the amount of tax revenue we make. Now I've no doubt there's a nice break even somewhere, but raising them from where they are now will not be beneficial to the UK economy, where reducing them may be. [/QUOTE]
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