Cutting government spending is not enough. There will have to be substantial increases in income tax, say Britain’s private sector finance managers, in a new research report from business analysts Lindsell Marketing. Conducted amongst over 1,000 UK company finance professionals, the research reveals that income tax must rise to tackle the current public sector deficit. Moreover, spending cuts need to concentrate on central government departments and Quangos, and leave the NHS, the Police and local government largely alone.
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