Kate Andrews appears on Today
Kate highlighted that one of the standout ideas from the report, a Citizens’ Wealth Fund, is “deeply regressive”. The £10,000 handout to all 25-year-0lds would not account for the circumstances of each individual, for example those working in the City, and result in cash transfers to wealthier people.
Considering the report in general, Kate questioned its lack of focus on supply side issues or the cost of living and the sole reliance on the notion that increasing taxes is the only way to create a fairer system.
Listen to the full segment from 2:54:00.