At some point, the UK needs to choose. One option is the Scandinavian route: everyone pays more tax, and everyone gets Scandinavian-style services. Or we go the other way: cut services and benefits so we can hold โ or even reduce โ the total tax burden. What we canโt do is more of the same: muddle along and, every time the Treasury needs a top-up, tap the top 10% while leaving the top 0.1% and middle earners largely untouched.
thetimes.com/article/9403e35โฆ