ha ha Deskdiary. Your the one who doesnt think it through. Looks like seeing my name is like a redrag to bull , Whatever a say you dismiss it in your arrogant fashion.
I never recommended doubling VAT or income tax. All that was said was thats the scale of the the shortfall that needs to be found at some stage just to pay the couple of hundred billion for furlough, grants, lost vat and tax receipts, funding of T&T, vaccinnations, NHS overtime and Nightingales, support to council .
Read and learn
https://www.instituteforgovernment.org.uk/explainers/cost-coronavirus
Big sums eh??
And it dwarfs VAT or income tax. VAT raise's around £130 billion. If VAt receipts could be doubled it might pay it off in a couple of years.
VAT raises. Doubling income tax receipts for a year or two would also pretty much clear it. obviously no goverment could do that and the affect on the economy would be unthinkable. I never said we should do it in one go. But thats the scale of the problem. We cant just keep dishing money out & not expect to have to clear some of the deficit can we.
So it turn's out it was you who fired off a reply without thinking it through. Standard.
On the 1% its a tactical move . Therell be a fudge. The union want 12.5%, the goverment says it can afford 1%. The pay review body will decide its bit. If it says 3-5% fair enough, good for nurses and doctors etc, hopefully goverment will accept the recommendation. Maybe throw in a £500 bonus too. But it will after be paid for along with everything else. But the tax can will be kicked down the road until after an election so Kier as to sort it out or Rishi if his PM next election.