Hard-working families can only take so many tax rises before they reach breaking point Source - Daily Telegraph 13/06/24 Link Britain is at its most dangerous economic juncture for decades. We are living so far beyond our means that we’re becoming detached from reality. GDP flatlined in April and our best case scenario for 2024, a full two years after the pandemic ended, is around 1pc growth. Total government revenues from taxes and other sources are scheduled to reach 41pc this year compared with 37pc in 2019-20 and 32pc in the 1990s. Yet still, politicians are in denial. How else to explain the insistence that the problems facing the country can be resolved with the old saw of “taxing the rich”? They’re all at it: the Greens with their wealth tax and the Lib Dems with their plan to impose a 500pc council tax surcharge on second homes. In their 80-page manifesto, the Tories failed to mention “success” once, other than in self-congratulatory references to their own, questionable record...