Today we are seeing the impact of increased taxes (employers NI) with tje UK unemployment rate rising
https://www.bbc.co.uk/news/articles/cdxrp7znkdlo
Unfortunately, to increase tax burdens will see the economy stall or a recession, as Angelina says, cutting spending, whilst painful short term, is a good way to bring down government borrowing.
True, we don't want to see cuts to services but there are other areas of government spending that can be reduced and with AI impacting all jobs across all businesses, maybe it will also reduce overall staffing costs.
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