UK Considering a U-Turn on Truss's Tax-Cut Plan

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UK officials are drafting options on ways to back down from Prime Minister Liz Truss's massive package of unfunded tax cuts. Guy Johnson reports on Bloomberg Television.

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They cant be letting the poor people keep their money cant they.

TheChopf

How many u turns already? Someone doesn't have a clue of what they're doing.

tsimoi

At this point it's more like spinning in circles than a u-turn.

MadDragon

Tax cuts are great, but you have to cut spending FIRST.

StillLivinginthewoods

Europe's biggest problem right now is energy. They need to put their focus on that.

randallgoldapp

They should tax corporations by 90% to make up for all those years corporations paid less than their fair share of taxes.

TheSuperPsychoKiller

This is England not much different from the US ... Hold on people we are all in Trouble !!

marciayoung

The woman must resign as prime minister or she will ruin Britain.

wujizhao

I don't give a 💩👈 about what happens to pirates

eduardoflores

Got to keep the Ponzi Scheme Going ? My opinion ?

bobbyb.

Ps, very sorry that the UK left the EU... European shipping has become difficult for export/imports, freight rates have skyrocketed during the lock down . Your products and services have become quite expensive.

carollandon

It's pathetic what passes for a "conservative" in the UK.
Seems like it is ALWAYS a bait-n-switch. We get plenty of that over here in the US too, .. but it seems to ALWAYS be the case in the UK.

StillLivinginthewoods

game theory just playing itself out. flywheel effect incoming. this has been happening gradually and will happen the rest of way suddenly.

wolf-ywwk

Thank you...only a principle can squash a collective resistance filled with emotion from some group shouting at her...if she follows her principle (hope she's also not a group representative)..only that can succeed..thats how a Captain leads a bunch of brutes...

williamhyman

I would say see is exactly like Trump!

SS-qbye

Cutting taxes is stupid. Raise living wage, taxes are needed to keep economy going ...wankers

youtubeshadowbannedmeagain

They’re not going to do the Merican tax policy?! Weird

rikmichaels

Preying for the left in england to capitalize on this. You got this labor 💪 👏🏼

pako

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