At the live podcast recording in our office this morning, Markets Today put some questions to the audience — around 190 professionals from industries including banking, finance, technology, law and consulting among others.
Their answers suggest the audience would like lower taxes and a smaller state, with the current levies acting as a disincentive to people living in the UK.
Almost 88% of the attendees said the tax burden is too high, with a resounding 97% saying the Chancellor should have done more to lower spending on welfare benefits. More than three quarters of the audience said higher taxes on savings, investments and pension changes would discourage people from living in the UK.