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#office-for-budget-responsibility — Public Fediverse posts

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  1. Budget 2024 live: The #UK TaxBurden is heading towards its highest level since Clement Attlee was prime minister, when #Britain was starting to pay down its war debts.

    The #OfficeForBudgetResponsibility reports that tax as a share of #GDP will fall slightly this year (due to the cut in NI in January).

    But it then rises gradually in every year of its forecast, rising to 37.1% of GDP in 2028-29.
    theguardian.com/politics/live/
    #ToryPoliciesInAction #TaxThePoorToPayTheRich
    #ToryEconomicFailure