HIGHER taxes will come from 2022 to pay for the coronavirus crisis, top finance chiefs warned today.
The Chancellor admitted earlier that he did want to balance the books in the medium term, hinting that things could have to be cut back again in future. Boris Johnson earlier this week vowed to stick to his election promise not to raise VAT, income tax or National Insurance to pay for the coronavirus pandemic.during a visit to a construction site in Goole yesterday: “I don’t normally talk about fiscal stuff because I leave that to Rishi the Chancellor but what is in the manifesto is in the manifesto.
In other words, people will pay the government in the name of coronavirus tax. Companies and corporations which are beneficiaries of Covid_19 pandemic bailout have nothing to do with it.
Of course the U.K. people will pay for Boris mistakes
Holbornlolz Noooo really I thought it was all free or that oil was gonna pay for it or something.
Nothing in life is for free.
We should just pay back what we received,simple!
It’s not our bloody fault
Holbornlolz Well seeing as that’s the only way governments have to raise money then that’s stating the bleeding obvious
Holbornlolz
No. Higher taxes will come to pay for the Government's ridiculous and dangerous response to covid 19.
Did anyone think that the billions the Government are giving away would not come back as taxes, for generations? Your going to have loss of tax revenue, and unemployment benefit to be added to this. Good thing we can hand this down to future generations.
Really? Which Einstein thought that one up?
Really
Yes we should all know that was coming
I could retire. But I worked through as nurse. And am happy to pay higher tax if it help the young get back to work and education. Sadly some thing they can have it all but not put anything in the kitty.
Just send China bill
Holbornlolz Smaller government will come to pay for government incompetence over coronavirus. Reframed it for you. We're going to need fewer diversity coordinators in the NHS.
Holbornlolz Tomorrow: 'The Pope is Catholic'
Holbornlolz The same the world over. The UK is not on a different planet to the rest.
Bound to happen. You can't pay for millions of furloughed staff to do nothing for months, close the country and write of NHS debt and not expect it not be paid for somehow! This recession is just starting. Buckle up UK. We're in for a bumpy ride 🥴
Hardly news
No shit sherlock.
ScottGo18320060 Rocket science from the sun! Who would have thought it 🥴
No leader in the world will make China pay financially for it. They need Chinese trade too much. Weak leaders.
Holbornlolz Should be just people who availed of financial help from the government people who worked on normally should be exempt
was waiting on this 🖕🏽
Good!! It's only fair and I'm happy to pay more to help back the government. Increase v.a.t tho to make it fair for everyone
Tory's raised the national debt to £2tn before COVID19, over the past ten years they've borrowed more than every Labour government combined. And their own wealth has grown because of it. Anyone stupid enough to think the coming tax hike is because of coronavirus is a moron.
Holbornlolz But what about climate change ? That was the no.1 killer last year.... 😏
Holbornlolz On Chinese goods I presume?
What? You mean all of this isn't free?