Economy

2 articles

Jul 21, 2025 • via The Standard

The £100,000 Trap: How Britain Built a System That Punishes Success

Only in Britain Earning £100,000 Makes You Poorer

The mathematics of modern Britain reveal a peculiar achievement: we've constructed a tax system where earning £99,999 leaves you better off than earning £149,000. This isn't a quirk or an oversight. It's the logical endpoint of a state apparatus that views productive citizens primarily as revenue sources to be squeezed, rather than assets to be cultivated.

Jun 28, 2025 • via The Guardian

The Stealth Tax Spiral: How Labour's Promises Collided With Reality

Rachel Reeves' Fiscal U-Turn and the Rise of Britain's Stealth Tax State

Britain's fiscal theatrics have reached a predictable crescendo. Rachel Reeves, having spent months insisting Labour would not raise taxes after their election victory, now finds herself eyeing the most regressive stealth tax available: freezing income tax thresholds to drag more workers into higher tax brackets.