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Kathianne
10-03-2022, 12:52 PM
Very confusing and very, very expensive:

https://hotair.com/jazz-shaw/2022/10/03/uk-reverses-cancels-tax-cut-for-high-earners-n500468

Gunny
10-04-2022, 02:50 PM
Very confusing and very, very expensive:

https://hotair.com/jazz-shaw/2022/10/03/uk-reverses-cancels-tax-cut-for-high-earners-n500468It's as stated in the other post you made. The government has built in fail safes to protect itself. Regardless which side of the aisle it is, any really hard rocking of the boat and the government stand by the plug threatening to pull it.

Don't forget Animal Farm and 1984 were written by a Brit using the UK as a model.

As I understand it here, taxing the wealthy less gives them incentive/capital to invest more. Tax them more and it cuts into their investment slush funds. The government wants to raise taxes, or at least not lose any taxes, because taxes go to the government. The People get what the government decides it can afford to give us after it pays for itself, to include all those it employs.

Truss's proposals don't include cuts in government spending. As we can see all to clearly here, the government will sink the ship with all hands before it will give up it's spending money and/or power.

There's a way to make it work bother here and in the UK, but not just by jimmying the taxpayers' finances. The government has to get rid of its blank checkbook as well. Not to mention have a long-term plan that doesn't get axed every 4 years.

Bet ANY government has a way of explaining why that's not correct :)