U.K. Finance Minister In Dramatic About-Face On Scrapping Income Tax Top Rate

U.K. finance minister Kwasi Kwarteng said the decision not to scrap the 45% top rate of income tax came after Conservative lawmakers listened to public opinion.

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#UK #England #Taxes

[charlestancred]

As they promised, we will not raise taxes on families making less than £400, 000 a year.

[StillLivinginthewoods]

Another bait-n-switch.
It's pathetic what passes for a "conservative" in the UK.

[glennknauer]

Income, property and school tax are forms of indentured servitude.

[nogenetherapy]

Dems are destroying our world. This “expert” makes me crack up.

[axavidesign]

Is this guy being finance minister another example of 'affirmative action', or 'positive discrimination' or whatever you want to call it?
Seems pretty hopeless

[jarrodyuki]

one mile 90 minutes 40 minutes a card and key. also iclickers and alarms.

[antivaccineproimmunity]

The new British Chancellor of the Exchequer, Kwasi Kwarteng, has been criticized and even called for an investigation after it emerged that he was at a private party with investment fund or vulture fund managers before presenting the controversial tax cut plan for the highest incomes.

[wpl]

Here is an idea for the UK. Reagan lowered income tax level for the rich. That created record setting deficits. Clinton raised them. That created a surplus. Bush lowered them and that created a record setting deficit. Trump lowered them again and his deficits were record setting as well. Lowering the income tax level for the wealthy increases deficits and increases wealth disparity.

[karenkatherine]

Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock/Crypto market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.

[realsamaritannurse]

Dore ibimenyetso byakwerekako umukunzi wawe akuryarya 👍👇👇👇👇👇