Britain's Barn-Raid Budget Trap

With elevated debt-service costs and weak growth, UK leaders promise not to tax 'working people' and instead raid a narrow base (top earners, corporates), a strategy that cannot fund degraded services and eventually forces panic taxes or broken pledges. — This pattern constrains democratic tax design across high-debt, high-rate economies, reshaping trust, investment incentives, and the feasibility of welfare-state repair.