
The Government is now on course to collect around £600 billion a year in Income Tax and National Insurance alone.
Despite taking more from taxpayers than ever before, Britain is still borrowing billions to keep the country running.
So here’s the obvious question.
Where is all the money going?
🔥 Your Turn
If you had to reduce government spending tomorrow, where would you start?
• Overseas aid?
• Accommodation and support for asylum seekers?
• Quangos?
• Government waste?
• Large consultancy contracts?
• Overseas military commitments?
• Something else?
Tell us where you think the savings should come from before asking taxpayers to hand over even more of their hard-earned money.
We’re constantly told there’s “no money left.”
Yet taxes keep rising.
Borrowing keeps rising.
The national debt keeps rising.
Meanwhile, many of the services taxpayers rely on continue to struggle.
NHS waiting lists remain high.
Councils warn of financial crises.
Roads need repairing.
Police forces are under pressure.
Families are paying more but often feel they’re getting less.
If your own household income reached a record high and you still couldn’t balance the books, you’d probably stop and examine every outgoing before asking for another pay rise.
Shouldn’t Government do exactly the same?
Before asking taxpayers for even more money, perhaps every pound of public spending should have to justify itself.
That means asking difficult questions about priorities.
Should Britain continue spending billions overseas while services at home are under pressure?
Are taxpayers getting value from the money spent on accommodation and support for asylum seekers?
How many quangos are delivering real value?
How much disappears into bureaucracy, consultants and projects that never seem to end?
How much government waste could be eliminated before asking working families to pay even more?
These are legitimate political questions, and people will disagree on the answers. But one thing is becoming harder to ignore:
Record tax receipts and record borrowing should not become the new normal.
At some point, Government has to explain why taking more money from taxpayers still isn’t enough.
The best comments will feature in the next issue of the magazine.
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