The UK government will be forced to raise taxes in October to avoid financial instability. Who they choose to tax at this next Budget will beat a path for other Western governments facing the same problems. Here's what they're planning – and why it could be the beginning of the end for the middle class.
Other episodes mentioned by Gary:
'The Squeeze out' AKA Why Labour is crushing your living standards https://open.spotify.com/episode/2yO2SJstjBX2lpW7Jn0AO6?si=b84234841c8b42ca
What's in this episode:
(00:00) Intro
(00:47) Why this year's UK Budget matters
(02:10) What they will announce
(02:50) Governments going bankrupt
(08:25) Do they have other options?
(10:48) Tax the rich or tax the middle class
(11:15) Rich vs middle class vs working class
(12:29) Do not trust the rich
(13:13) My message to middle class people
(15:04) What I mean by "tax the rich"
(16:09) The rich are WINNING