Following Reeves’ emergency budget I ran some simulations with the help of AI to see what policies would actually grow the economy.
Spoiler alert, it was pretty much the opposite of what Labour is doing… 🧵 👇🏼
First, let’s talk tax. Labour is raising taxes across the board - on businesses, pensions, and even savers. My simulations showed that cutting business rates, National Insurance, and VAT (to 17.5%) would drive investment, hiring, and wage growth.