To add to vegancap's response, I'm quite confident Labour will raise taxes (they said as much). But what will they do with them? Will they be able to turn the s

To add to vegancap's response, I'm quite confident Labour will raise taxes (they said as much). But what will they do with them? Will they be able to turn the ship around? Or merely increase the tax burden and leave people scrambling to pay the same bills from a smaller net income. My concern is the latter. Though of course, no way of knowing for sure.