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    Barry, if people avoid tax, albeit legally, it means the State must increase taxation to make good the missing tax.
    Or the State must sell more bonds and gilts to make good the missing tax, and thereby increase the Budget Deficit and consequently the National Debt and the interest we all pay on it.

    Or the Bank of England is given instructions by the Chancellor to print more digital money to make good the missing tax revenues, which eventually could lead to an implosion of all things paper in the economy, as they become more and more worthless.

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