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Old 06-10-2022, 10:17   #802
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
jfman has a nice shiny star
jfman has a nice shiny star
Re: New Prime Minister: Liz Truss

https://www.theguardian.com/business...z-trusss-plans

Quote:
Millions of households are facing a “stealth” tax raid under Liz Truss’s government despite her promise to support workers through the cost-of-living crisis by lowering their tax bills, Britain’s leading economic thinktank said on Thursday.

The Institute for Fiscal Studies (IFS) has calculated that for every £1 given to workers by cutting headline tax rates, £2 was being taken away through a freeze on the level at which people begin paying tax on their earnings.
So much for giving back to hard working people!
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