Party manifesto pledges on tax

Conservative: no increase to income tax, corporation tax, or VAT. Gradually phase out National Insurance 😐

Labour: no increase to income tax, corporation tax, or VAT. Extend Energy Profits Levy. Abolish tax relief on private school fees 😐

Lib Dem: restore Bank Levy to 2016 levels; sewage tax on utility company profits; increase Digital Services tax 😕

Reform UK: increase income tax threshold to £20K; inheritance tax threshold to £2 million; abolish VAT on energy bills; reduce fuel duty by 20p per litre 🤪

Green: Wealth tax of 1% on £10 million +, 2% on £1 billion +; equalise corporatiin and inheritance tax; new carbon tax . .

. . plus instructions on how to recycle their campaign leaflet into an "origami hat" 🤣🤣🤣

I think I know where my vote is going 🤠

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MartinII · 70-79, M

I think I know where your vote is going too! But both major parties have been mendacious about tax, and have said nothing about what really matters, namely what tax revenue will be spent on and to what purpose.

SunshineGirl · 36-40, F

@MartinII They are evasive about how revenue will be raised for universal healthcare, education, increased defence spending . . they perceive it to be impossible to talk to voters about tax increases while the cost of living rises inexorably. So instead of having a mature debate, the income tax thresholds are frozen until 2028 (which falls disproportionately upon lower income households) and we all have to pretend that this is not a tax increase 🙄

Carbon tax is an excellent way of funding environmental policies that many politicians regard as unaffordable. So would be unfreezing the escalator on fuel duty and introducing road toll charging to fund transport. And inheritance taxes address the inequity of a health system that is mainly funded by those who use it the least.

But income tax is the proper and most efficient way of funding public services.