Tories and Labour under fire from IFS over ‘conspiracy of silence’ on tax
Sign up for the View from Westminster email for expert analysis straight to your inboxGet our free View from Westminster emailA leading think tank has accused Labour and the Conservatives of a “conspiracy of silence” as it warned voters that tax rises are likely in the next five years.The Institute for Fiscal Studies (IFS) criticised the manifestos of both main parties, saying they leave voters “guessing” and casting their ballots in a “knowledge vacuum”.It also accused Nigel Farage’s Reform UK party and the Greens of poisoning the debate around the painful economic decisions ahead with what it described as unattainable pledges on tax. The next government faces a stark choice between making tax rises beyond what it promises in its manifesto, cutting spending, and increasing borrowing, the think tank warned. Paul Johnson, the director of the IFS, said it would be “a considerable surprise if no other taxes are increased over the next five years”, and that none of the main parties are facing up to the difficult choices ahead.“We’ve called this a conspiracy of silence, and that has been essentially maintained,” he said. “Regardless of who takes office, they will soon face a stark choice: raise taxes by more than they have told us in their manifesto, implement cuts to some areas of spending, or break their fiscal rules and allow debt to rise for longer.“That is the trilemma. What will they choose? I don’t know; the manifestos do not give us a clue.”Mr Johnson also accused Labour and the Conservatives of making “essentially unfunded commitments” to improve the NHS. Paul Johnson, director of the IFS appearing on the BBC One current affairs programme, ‘Sunday with Laura Kuenssberg’ More
