Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver
- Written by Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre, City, University of London
After weeks of controversy over Labour and Conservative costings – in which each sideaccused the other of dishonesty – the manifestos show that both parties had wildly exaggerated their rival’s plans.
But there has been far less focus on their plans to fund the promises, which both parties claim are “fully costed”....