I've been following the news and hysteria about the government's budget for weeks now about how awful it was going to be, would make them lose the next election (that's a few years away yet) and usher in the abominable Reform etc. However, I was skeptical and that skepticism proved to be right.
Here's some articles covering it in fine detail. Now, I'm hardly an expert on these things, but I saw Reeves's presentation today, where it didn't seem so bad to me. There's also a tax calculator below that I did and you know what? I'll be worse off to the tune of a mere £20-25 per year. This is an amount that's so small, I wouldn't even notice it. Yet, this budget that puts bigger taxes on the wealthy who can afford it, will significantly help things like the NHS, disabled, or otherwise disadvantaged in our society among other things and that's something that I'm happy to pay a little more for. Especially the NHS as we all need it at some point in our lives, so you want it to be as strong and healthy as possible, right?
Finally, let's not forget the damage that this tory brexit continues to do to this country, sucking the wealth and efficiency out of it. If we'd gotten back into the EU by now, this budget would have been significantly better, but alas that remains a dream for the foreseable future.
www.theguardian.com
www.bbc.co.uk
www.theguardian.com
Here's some articles covering it in fine detail. Now, I'm hardly an expert on these things, but I saw Reeves's presentation today, where it didn't seem so bad to me. There's also a tax calculator below that I did and you know what? I'll be worse off to the tune of a mere £20-25 per year. This is an amount that's so small, I wouldn't even notice it. Yet, this budget that puts bigger taxes on the wealthy who can afford it, will significantly help things like the NHS, disabled, or otherwise disadvantaged in our society among other things and that's something that I'm happy to pay a little more for. Especially the NHS as we all need it at some point in our lives, so you want it to be as strong and healthy as possible, right?
Finally, let's not forget the damage that this tory brexit continues to do to this country, sucking the wealth and efficiency out of it. If we'd gotten back into the EU by now, this budget would have been significantly better, but alas that remains a dream for the foreseable future.
Rachel Reeves targets UK’s wealthiest in £26bn tax-raising budget
Chancellor axes two-child benefit cap and cuts energy bills paid for by mansion tax and freezing tax thresholds
Millions to pay more in tax as Reeves says Budget is tackling cost of living
The chancellor says she is "asking ordinary people to pay a little bit more" as she extends the freeze on income tax bands.
www.bbc.co.uk
Budget 2025 calculator: find out if you are better or worse off
Use our interactive tool to see how you have been affected by Rachel Reeves’s tax and spending announcements
