UK public debt could quadruple to £200BN this year – Boris warned NOT to burden taxpayers

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UK public debt could quadruple to £200BN this year – Boris warned NOT to burden taxpayers economy taxes RishiSunak

outbreak. The Chancellor scrapped business rates for a year and promised cash grants for shops, pubs and other high-street outlets hit by the slump in customers. He has also made a number of other spending pledges totalling hundreds of billions of pounds, including attempted protection for the self-employed and households struggling to pay bills.

 

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Another academic weighs in, I wish they would shut up

Of course taxes have to go up. Are Daily Express journalists as thick their readership, or what?

Why can't some businesses start to reopen, drive throughs I know not essentials but good to lift spirits and use contactless only, also big DIY shops surely could do safe distancing the same as supermarkets

Who pays if the taxpayer does pay? Has Boris got his own money tree? Perhaps the Tories will do what they always do and start printing money.

Obviously all our taxes will have to go up slightly.

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