Total 3 Posts
Liz Truss’s plan is not renationalisation in a conventional sense. It is the state being used to prop up the profits of very large companies.
The likely next prime minister is focusing on tax cuts to solve inflation. There are indeed votes to be won by focusing on taxes – but these are among Conservative party members, not the general public.
Tax cuts are unlikely to help Britain address its current crises. Extra spending has to be financed. To do this, Britain needs higher taxes, not tax cuts.