What will Starmer tax to fund his spending bonanza?
It looks pretty much certain Labour will win the election on 4th July and Starmer will be our new prime minister. Assuming Labour is not lying completely - they have promised not to "increase taxes, national insurance, or VAT". Their mantra is "Labour will not raise taxes on working people". Reading "Labour will not raise taxes on working people " literally that means Labour will tax: Businesses because they are not people Any passive "non earned" income eg pensions, savings, dividends, rental income, capital gains Labour have already said they will add VAT to private school education. That's one thing that Brexit has allowed. It's illegal to charge VAT on education in Europe. Maybe the next step is VAT on University education? Logically Labour are therefore also likely to impose VAT on other legally exempt things. Private Healthcare. Since private Healthcare is actually a form of insurance it's likely that some kind of "I...