Despite this, the consensus is that taxes are likely to rise at some point, partly because many historic sources of tax revenue are diminishing as the economy changes shape. Government transport planning is based on the assumption for each half-hour less you commute, your employer pays you nearly £5,000 a year less – and lower salaries mean a lower tax and National Insurance take. Sadly, the most effective tax rises are the least popular because people can't avoid them. 4) Don't waste political capital raising taxes where the revenue is disappearing anyway. Far better to encourage them to pay tax willingly by making it a moral imperative.

Source: The Nation February 18, 2021 00:06 UTC