There's a ton of talk at the moment as the greens have suggested raising the minimum wage to £15/hr.
This is a genuine question I don't care about politics, but in my head surely a better approach would be to unlock cash in the middle class by raising the 40% bracket from say 50k to 80k (number pulled purely from my a***).
Logically, at least in my head, that would allow people who have the disposable income to actually put money back into the economy, and by buying more would hopefully lower inflation (again, from my basic economics knowledge).
On top of that, I find it absolutely wild that we (politicians) have allowed such a crazy level of wage compression. It genuinely won't be too long before those on minimum wage are paying the 40% rate lol.