Im not sure that you need the Deputy Director of the Institute for Fiscal Studies to work out that Farage’s manifesto, which he probably wrote last night on the back of a fag packet was a festering pile of nonsense.Reform's 'contract' is not to be taken seriously
Reform UK manifesto: a reaction | Institute for Fiscal Studies
An assessment of the tax and spending changes proposed in the 2024 Reform UK general election manifesto.ifs.org.uk
Carl Emmerson, deputy director at the Institute for Fiscal Studies, said: “Reform UK proposes tax cuts that it estimates would cost nearly £90 billion per year, and spending increases of £50 billion per year. It claims that it would pay for these through £150 billion per year of reductions in other spending, covering public services, debt interest and working-age benefits.
This would represent a big cut to the size of the state. Regardless of the pros and cons of shrinking the state, or of any of their specific measures, the package as a whole is problematic.
Even with the extremely optimistic assumptions about how much economic growth would increase, the sums in this manifesto do not add up.
He’d have been better off just going with “Yay racism” and leaving the rest of the pages blank.