Why dropping the taxes is the only way to save the economy.

2016, it cost £14,500 to employ a 21-year-old on minimum wage.

In 2026, that same 21-year-old — still inexperienced — costs £28,400.

The cost of living in 2026 is about triple of the cost of living in 2016, if taken out of the gross salary all taxes and contributions, from the same gross money one can buy one third of goods and services it could buy 10 years ago.

So one needs triple the the gross in 2016 just to stay afloat decently, not to live somewhat better.

Hence the problem is not that a non skilled young worker it costs double now, but that it can afford even less, hence will buy far less, hence the circular economy will sell less for the same amount of working hours an employee is putting in, hence the said employee is far less motivated to do any work for double the money, that in return pus a huge strain on the company.

The dog that bites it's own tail, by raising taxes absurdly, raising prices absurdly, in an absurd hope to make more money, the government destroyed the circular economy peculiar balance and crushed it, damaging working class, that becomes poorer and poorer in real terms (gold) which in return leads to the pauperisation of business class with the logical consequence of bankruptcy in sight.

Allowing the gross salary to go triple is not the solution, that leads to even worse inflation.

Dropping the taxes and sacking those that work in government and administration without benefiting the society (bullshit jobs) is the only answer.