The chancellor needs to fill lots of holes in public services – and it will capture mountainous moneyPhilip Hammond,under pressure to ease austerity, must spend the summer preparing the ground for sweeping tax rises that catch everyone in their net.
A tax on the wealthy is not going to be enough to meet the demand for £20bn extra on health spending by the end of the parliament, and let alone the cost of extra police officers to tackle a significant rise in crime,higher social care funding and a boost to the defence budget.
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Source: theguardian.com