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Even before today's speech. the new health and social care levy will raise £36 billion. the treasury will also make more from corporation and income tax. but where else can the chancellor find some cash? asking students to repay their loans sooner, higher council tax, alcohol duty, or a levy on online retailers, pensions or taxes on inheritance and profits. it is notjust cuts in the chancellor's sights, there is also a pay rise on the way for millions. but can it keep up with the rising cost of living? inflation is currently at 3.1% and it is forecast to rise even higher. even though the clim...

Tax rises are unpopular. some will even say un—conservative. i will tell you what is un—conservative — unfunded pledges, reckless borrowing and soaring debt. the problem is, the independent institute for fiscal studies says the uk's tax burden is set to reach its highest sustained peacetime level, even before today's speech. the new health and social care levy will raise £36 billion. the treasury will also make more from corporation and income tax. but where else can the chancellor find some cash? asking students to repay their loans sooner, higher council tax, alcohol duty, or a levy o...

>> are you supportive of the billionaires tax? >> i'm supporting that everyone should pay their fair share. i don't like it. i don't like the connotation that we're targeting different people. >> what would your response to senator manchin be? >> well, i like what he says in terms of everyone should pay their fair share, but the truth of the matter is people like elon musk who was objecting to the billionaires tax just made $36 billion on his stock yesterday. so what we need to do is find a way to make sure that those who are the very, very rich, the 700 people, are paying something. if what t...

Levelling up places like here in burnley. the uk deficit is the difference between what the government spends and brings in. it rose to £320 billion last year. that is the highest level since the second world war. the is the highest level since the second world war. ., . ., �*, second world war. the chancellor's instinct is clear. _ second world war. the chancellor's instinct is clear. tax _ second world war. the chancellor's instinct is clear. tax rises _ second world war. the chancellor's instinct is clear. tax rises are - instinct is clear. tax rises are unpopular. some will even say not...

It? $36 million yesterday? yesterday? >> yesterday. >> 36 billion. what he says in response to this plan of taxing billionaires, no, you must not do that because they will run out of money and come for you. what he doesn't address is if he is not paying his fair share, then we have to make up the difference. >> yes. let's talk about some of these ideas. i was going to read what marjorie taylor greene had to say but i don't take her seriously enough to read it. i'll skip that. this is the potential constitutional challenge. if a billionaire's tax actually happens, this tax would certainly face ...