2025-11-12
8 分钟The Economist Hello, this is Rosie Bloor, co-host of The Intelligence, our daily news and current affairs podcast.
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If we are to build the future of Britain together, we will all have to contribute," said Rachel Reeves, the Chancellor, in a dreary speech from Downing Street on November 4.
Each of us must do our bit.
It was a predictable centre-left cry from a predictably centre-left politician.
Since sweeping spending cuts are politically impossible, broad tax rises Most likely, an increase in income tax are coming.
Predictable yelps of protest came from across the right of the political spectrum.
But so did less predictable complaints to Labour's left.
Tax wealth, not work, said Zach Polanski, the new leader of the Green Party, which is a margin of error blip behind Labour in the polls.
In a strange turn, it is the left which will lead the fight against the broad tax rises of Masrives.
Tax wealth, not work, is a phrase popularized by Gary Stevenson, an economics YouTuber, with a massive reach, a few million quid in the bank, and a near genius for self-promotion.
Millions watch his videos filmed at his kitchen, which explain how their taxes can go down if taxes on a few go up.
At the very point Labour has begun to crank taxes higher, low tax leftism is on the rise.
At the heart of low tax leftism is a reasonable question.
Rather than hit workers, why can't the rich pay more?
They already do.
It is the Tories darkest secret.
They made tax too woke.