The UK government will not accept this, but taxes are increasing

The UK government is hating to confess, but economists say that the trazier will have to increase the taxi if the black hole is needed to rebel the black hole in effectively created public finances for themselves.

The National Institute of Economic and Social Research (NISR) is the latest financial think tank to warn that the British Chancellor Rachel Revere Reveal will meet his own “financial rules”.

These rules are aimed at both balanced or budget surplus at the end of the decade-with the right “stability rules” that the day-to-day costs are paid by tax revenue instead of borrowing-and GDP ratio “Investment Rules in 2029-30).

“The government is not on the verge of completing our ‘stability rules’, according to our estimation, the current deficit in the financial year of 1.5-30 is $ 2.5 billion,” NYSR announced on Wednesday.

“If the Vice -Chancellor follows her financial rules, then Sharad Budget will require huge adjustments in the budget,” the report said.

The government has fixed the cost plans for the next few years in a review of the government’s recent expenditure, “Only one lever is available that raising taxes in a medium but sustainable way,” Think Tank “said the” Vice -Chancellor “.

The ‘Trivema’ is the reference to the bind reversed that her own financial rules, taxes and expenses committed over the past year, and the Labor Party has promised to increase tax on people.

“In simple terms, the Vice -Chancellor cannot fulfill its financial rules at the same time, cannot meet the cost commitment and promise to avoid taxing tax for the people. At least one of these needs to be released – she has to deal with an impossible trialma,” Nizar said.

It is noteworthy that the budget deficit may be even higher, if the reevus was planned by the treasury, and gradually after the pensioner’s winter fuel deduction. Billion If you want to put a “headroom” of billions of dollars billion.

“The Vice -Chancellor has to look at the VAT to change the dial against her financial rules and to raise the VAT or raise the income tax. VAT is the lowest distorted tax but the most regressive. Therefore, the best answer is to increase income tax rate,” said some people, but it has been said, but it has been said. It has been said, but it has been said that, but it is said, but it is said, but it is said, but it is said, but it is said, but it is said, but it has been said, but it has been said, but it is said, but it has been said, but it is said, but it is said. That said, but it has been said, but it is said, but it is said, but it has been said, but it has been said, but it has been said, but also said.

He suggested that British Prime Minister Kerrerser were asked about the NISR report on Wednesday and needed to increase the tax, but he did not “approve” the statistics. However, in the fall, they refused to deny hiking VAT, Income Tax and Corporation tax, Sky News reported??

He said, “I do not recognize that some statistics are being dropped out, but the budget will not be until the year and so you have guess and we will plan our plans,” he said.

Nisar said that the Chancellor Revenge Sharad Budget is making “unconventional decisions” for the budget, when she will unveil the tax and cost plans for the next year.

“Unfortunately, the most politically acceptable choices for tax growth will either increase the revenue or will have a large number of distorted consequences or both,” said Think Tank, “some measures – such as increasing income tax,” will be especially affected by poor families. “

Think tank warned that other measures such as reducing tax-free cash allowances or raising capital profit tax rates can save savings.

The government can also revert to the nationalization of the employees (NIC), but “it will gain significant revenue during parliamentary tenure,” it will violate the manifesto so as not to raise tax on the workforce, and the creation of the job can lead to “distorted consequences.”

When reves Declared In her government budget, she unveiled $ 2 billion for public expenditure, and high debt and billion tax will be increased tax on 40 billion taxes, which mostly accumulates in the British business.

At that time, she insisted that this is the only move, “We do not return by raising taxes or paying more debt.”

Revees corporation tax rates and allowances can potentially adjust, which will also increase tax revenue, but this will increase to 25% of the previous promise of Cap Corporation tax for the life of Parliament.

It will also be one Negative effect The Employee NICS, which was implemented in April, has already been rented up, on the confidence of the business that was already hit.