Cost of living crisis: the UK needs to raise taxes not cut them – here’s why

Why tax cuts are unlikely to help Britain address its current crises.

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Tax cuts or increases, that is the question and not one to really answer, for when looked it is a generalisation and not one directed at certain communities.

In the UK there is much more of the population which is regarded as poor and on low incomes than there are the, so called, rich.

So a tax cut means more in the ability to spend for the poor, i.e. those poor who pay taxes as opposed to the poor whose income is below the taxation starting point.

While tax increases make the poor so much worse off, than the rich, especially if the tax brackets are not increasing in line with inflation, which they have not been, in fact for a few years they have been frozen, which effectively bring more people into taxation.

Ideally, taxes for the rich should increase, while for the poor they should reduced. Also, inline with all this welfare benefits should aways be increased yearly and, at least, inline with inflation.

It is so wrong that the poor get poorer, while the rich get richer, it should be that all get richer, with the poor increasing quicker than the rich, there in doing so the gap between the poor and rich be reducing, whereas, it currently is increasing.

Salaries for so many in the UK are far too low, especially in care and this needs to change so much so that even low salaries are more than sufficient to live on, thereby reducing the need to claim some benefits to reduce the gap to enable reasonable living.

 

Source: Cost of living crisis: the UK needs to raise taxes not cut them – here’s why

There’s a simple way to fight the cost of living emergency: a £15 an hour minimum wage | Nadia Whittome | The Guardian

Opponents say this will lead to a wage-price spiral – but that’s an argument that’s stuck in the 1970s, says Labour MP Nadia Whittome

 

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I do agree that the minimum wage should be around £15 per hour, but not for other salaries to be increased in the same ratio as this would lead to a wages spiral.

But in saying it should be £15 per hour, this will not be a major problem for many industries, especially multi-nationals, but it will be for charities and certainly the care profession.

The care profession has been starved of finance for way too long, well before 2010, when austerity measures were introduced, but these measures made the finance much worse. So the Government needs to finance Local Authorities much better and return all the losses they endured through the austerity cuts.

As for charities, with all the problems with the cost of living, donations to charities have been considerably reduced, meaning many charities are having to decide whether they can continue let alone afford a minimum wage of £15 per hour. Without charities the gaps caused by lack of statutory services will only get greater thereby causing even more difficulties for the vulnerable that charities look after.

Also Chief Executives of industry needs to have their salaries capped so they are not earning more 10/15% more than their lowest earning employee.

Source: There’s a simple way to fight the cost of living emergency: a £15 an hour minimum wage | Nadia Whittome | The Guardian

Spring Statement: Rishi Sunak seeks to combat cost-of-living squeeze – BBC News

But failed miserably, as though he doesn’t really care, perhaps following a Tory tradition.

 

Source: Spring Statement: Rishi Sunak seeks to combat cost-of-living squeeze – BBC News

DWP bases benefit decisions on allegations about the assessors’ character rather than evidence