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Middle-class squeeze
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Search complete. 1 mention across 1 episode found for "Middle-class squeeze".
Oct 7, 2026
Budget 2027: buying the peace by pouring fuel on the fire
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26:56Barra RowntreeGUEST
And there was a lot of criticism of the, the government putting all its eggs in the basket of the hospitality VAT decrease the last time, which didn't allow for, as we said, index-linked income tax increases.
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27:08Barra RowntreeGUEST
Is there, you know, amid- amidst all this kind of fuzzy stuff of s- you know, a bit of something for everybody, uh, not a huge amount for anybody in particular, is there some kind of a coherent attempt to appeal to, uh, and I hate, I hate the phrase, the squeezed middle?
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27:23Pat LeahyPANELIST
Yeah, I think so.
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27:23Pat LeahyPANELIST
I mean, if you look at the, you know, the tax changes, then, you know, they probably favor people, you know, in, in the middle, not very high earners, but, you know, people on decent salaries, two-income houses on decent salaries, classically meaning, um-