Daily Mail published this video item, entitled “Liz Truss and Kwasi Kwarteng U-turn on scrapping 45p tax rate” – below is their description.
Liz Truss and Kwasi Kwarteng U-turn on scrapping 45p tax rate: Liz Truss and Kwasi Kwarteng have abandoned a plan to abolish the top rate of income tax for the highest earners in an astonishing U-turn. The Chancellor acknowledged that their desire to borrow billions to axe the 45% rate on earnings over £150,000 had become a “terrible distraction” amid widespread criticism and threats of a rebellion. Hours before he had been due to tell the Conservative Party conference they must “stay the course” on the plans, he issued a statement saying: “We are not proceeding with the abolition of the 45p tax rate.”
#liztruss #kwasikwarteng #uknews #ukpolitics #dailymail
Daily Mail YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
