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    HomeNewsOpinionBig government is back. How will we pay for it?

    Big government is back. How will we pay for it?

    Countries are spending heavily on defence, welfare and the green transition. With debt levels already high, taxes look certain to rise

    Financial Times
    ©The Financial Times Limited 2020 Sep 5, 2023 / 12:44 PM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    Economic growth will probably not be strong enough to bring them down and far from cutting spending, many governments are enthusiastically increasing it.
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