In the end, whatever the definition of working people, former Bank of England governor Mervyn King says the impact of a big tax increase will be the same.
If firms face higher taxes then they will be less likely to create new jobs and increase wages as a result, he suggested.
“Ultimately, they fall on the amount that people can spend, and you only can raise significant amounts of money by raising taxes on most people, however you care to define that, but most people will have to pay higher taxes,” he told Sky News.
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