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Old 06-10-2022, 19:53   #834
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
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Re: New Prime Minister: Liz Truss

Quote:
Originally Posted by Julian View Post
There is rightfully criticism of the unfunded tax cuts. One of which is the reduction to 19% of the basic rate.

What we are now seeing is criticism that the thresholds were not raised, which would have involved even more borrowing!

It's not straightforward this budget malarkey.......
It’s really straightforward. The Conservatives have maxed out the credit card, took a 120% mortgage on the (diminishing value) house but made the kids liable for the debt.
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