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Britain's low tax, low spend political consensus is built on lies

THE Sunday Times Rich List, like the Unite union’s latest study on corporate profiteering, exposes the lie that services are crumbling and wages being held down because money is short.

Tax Justice UK’s finding that most people would vote for a party promising higher taxes on big business to fund increased public spending exposes another lie — that voters think being “fiscally responsible” means taxing and spending less.

This is an election year, and Labour set out this week its “six fixes” for a broken country. But Labour both swallows and constantly regurgitates both lies: which risks condemning us to another decade of falling living standards.

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