Labour's high tax plan may not mean economic growth

Hu, Helen ORCID: 0000-0002-5484-2508 (2025) Labour's high tax plan may not mean economic growth. Management (09 Jan 2025). Blog Entry.

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Abstract

On 30 October 2024, the Chancellor of the Exchequer, Rachel Reeves, presented the 2024 Autumn Budget to Parliament, introducing a series of tax changes projected to generate an additional £36.2 billion. This may represent the Labour Party adopting a flawed approach to national economic growth that ultimately harms the economy. While an increase in tax revenue can result from raising tax rates, it does not equate to economic growth.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/management/
Additional Information:	© 2025 The Author(s)
Divisions:	Management
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HJ Public Finance
Date Deposited:	12 Feb 2025 15:45
Last Modified:	12 Feb 2025 15:45
URI:	http://eprints.lse.ac.uk/id/eprint/127255

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