Kim Spence-Jones 🇬🇧😷<p>From ‘John’ in today’s Richard Murphy blog. Much to agree with!</p><p>“It’s madness that we never hear much of trickle up.</p><p>Take someone out of in-work poverty via a tax-credit, decent pay rise or lowering the inflation rate in their borrowings (or a combi of all 3).</p><p>They have more discretionary income to spend.</p><p>Local businesses expand from the extra income, thus creating more jobs.</p><p>Suppliers benefit from increased orders to the shops and create more jobs.”<br><a href="https://mastodon.social/tags/TrickleUp" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrickleUp</span></a></p><p><a href="https://www.taxresearch.org.uk/Blog/2025/04/14/the-uk-government-can-never-go-bust/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">taxresearch.org.uk/Blog/2025/0</span><span class="invisible">4/14/the-uk-government-can-never-go-bust/</span></a></p>