Why your government is about to raise YOUR taxes

Garys Economics August 3, 2025
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Garys Economics

@garyseconomics

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@garyseconomics is focused on teaching people about real world economics. Inequality Economist. Former Trader. Other Economists make predictions, but my ones are actually right.

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In October the UK government will be forced to raise taxes to avoid financial instability. Who they choose to tax at this next Budget will forge a path for other Western governments facing the same problems. Here's what they're planning – and why it could be the beginning of the end for the middle class. 00:00 Intro 00:47 Why this year's UK Budget matters 02:10 What they will announce 02:50 Governments are going bankrupt 08:25 Do they have other options? 10:48 Tax the rich or tax the middle class 11:15 Rich vs middle class vs working class 12:29 Do not trust the rich 13:13 My message to middle class people 15:04 What I mean by "tax the rich" 16:09 The rich are WINNING JOIN OUR MAILING LIST – https://mailchi.mp/e27e37c9ebb4/get-garys-new-newsletter SUPPORT US ON PATREON – https://patreon.com/garyseconomics GET THE TRADING GAME – https://www.penguin.co.uk/books/455809/the-trading-game-by-stevenson-gary/9781802062731 SPOTIFY – https://open.spotify.com/show/2807p01KIe4RRFjRTB5o25 INSTAGRAM – https://www.instagram.com/garyseconomics TIKTOK – https://www.tiktok.com/@garyseconomics BLUESKY – https://bsky.app/profile/garyseconomics.bsky.social X – https://twitter.com/garyseconomics FACEBOOK – https://www.facebook.com/garyseconomics DISCORD – https://discord.gg/vqME6WsPd7 WEBSITE – https://www.garyseconomics.org