We expect families on limited incomes to curb spending - yet it's the rich who should be doing our bit with greater taxation on wealth The Bank of England's monetary policy committee (MPC) has voted to keep interest rates at 5.25% in an attempt to curb inflation; the squeeze on homeowners, borrowers and renters continues. The thinking is that if we all just hunker down and get through this period of pain, the bank will meet its 2% inflation target and we'll all start to feel better off. Except, ...
I have a great way to bring down inflation - make millionaires like me pay more tax | Phil White
The Guardian - 23 Mar 2024 11:00
We expect families on limited incomes to curb spending - yet it's the rich who should be doing our bit with greater taxation on wealth The Bank of England's monetary policy committee (MPC) has voted to keep interest rates at 5.25% in an attempt to curb inflation; the squeeze on homeowners, borrowers and renters continues. The thinking is that if we all just hunker down and get through this period of pain, the bank will meet its 2% inflation target and we'll all start to feel better off. Except, ...
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