What we know so far about Jeremy Hunt's Autumn Statement, from tax rises to spending cuts

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What we know so far about Jeremy Hunt's Autumn Statement, from tax rises to spending cuts ⬇️ Explained by emsferg

This will pile huge pressure on schools and hospitals, which are already struggling to keep their budgets afloat amid soaring inflation.

The NHS, in particular, could struggle as it has already seen its levy, funded by the 1.25 percentage increase in national insurance scrapped. Kit Malthouse, the education secretary under Truss, said on Saturday that more cuts to schools would be a disaster.

Source: Healthcare Press (healthcarepress.net)

 

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emsferg Keynes would say the richest 1% should shoulder hugely more of a tax rise while keeping taxes for the lower classes, and 99%. The Corporations, Energy Companies, Nobility, and Upper Classes have done incredibly well since the Pandemic via wealth extraction of the State & Masses.

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