I assume we're talking Reform's tax policy. I don't think "Set the basic rate of income tax at something like 25p and that raises the rest" is part of their offer.I'd love them to do that. It's daft that people on e.g. £18k are paying income tax, and even more daft to take money off them and then give them it back with benefits.
And actually, paying for it is quite easy. Cancelling net zero saves a chunk - around £12bn. So they need to find another £38bn.
Set the basic rate of income tax at something like 25p and that raises the rest. Then everyone on under £30k would be better off. Everyone over £30k would be slightly worse off.
Seems fair, and the books balance. That would be fiscally neutral.
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