Re: This should make people happy
In my view, the actual fundamental economic problem is that the cost of living (house prices are way too high, and Russia's economic weaponisation of natural gas and resultant price spike) is eating away so much of peoples pay packet that their disposable income (which is what drives the economy) is tiny.
The only way to improve the economy is to increase the amount of disposable income to the largest possible number of people by the largest possible amount.
Tax cuts are a quick and simple way of doing that which would have worked; since we can't do anything about energy prices and if you tried to tackle the root cause of there being wayyyyy to few houses by a post WW2 scale prefab building spree to bring down the cost of housing it'd take years and risk crashing the housing market and causing an economic crisis. (which in the long term would be beneficial, especially to the younger generation but no politician is going to be willing to take the bullet)
The only other obvious avenue left to take is tackling the amount of technically just about legal (if you squint) tax evasion and using the additional income to find tax cuts for workers by (for instance) lowering the amount that gets raided from your pay packet by the tax man.
Biting the hand that feeds IT
