Defence Spending vs Middle Class Taxes: A False Choice? The UK's Labour government has promised to devote 3. 5% of GDP to defence by 2035. However, the question remains how they plan to pay for it.
According to the Resolution Foundation thinktank, Chancellor John Healey will have to ask middle earners to contribute more in taxes if he wants to meet this pledge.
The situation is complicated by the UK's unique fiscal circumstances.