The Limited Times

Now you can see non-English news...

Truss to Downing St, 'Rich tax cut? Benefit all '

2022-09-04T14:53:51.868Z


Favorite at the Tory summit, if elected she will be premier on Tuesday (ANSA) According to Liz Truss, the British Foreign Minister who is the favorite to replace Boris Johnson in Downing Street starting Tuesday, it is right to prioritize a tax reduction plan even though the more affluent will benefit the most - and about 250 times according to the calculations - as the final result would be, in his opinion, a revival of the economy and therefore benefits for all. This was e


According to Liz Truss, the British Foreign Minister who is the favorite to replace Boris Johnson in Downing Street starting Tuesday, it is right to prioritize a tax reduction plan even though the more affluent will benefit the most - and about 250 times according to the calculations - as the final result would be, in his opinion, a revival of the economy and therefore benefits for all.

This was explained by Truss herself in an interview with the BBC, on the eve of the vote for the leadership of the Conservative party which, according to her forecasts, will see her as the winner and consequently the next prime minister.

Truss then remarked that she believes it is wrong to look at economic policy through "the lens of redistribution", a mistake that she believes has been repeated for too long.

"

The economic debate over the past 20 years has been dominated by discussions of redistribution.

- he said - And what has happened is relatively low growth. "


    The Tory policy meanwhile also talks about an emergency plan to deal with the expensive energy that it considers "vital" and which, if he is prime minister, he will unveil within a week of his inauguration, he said, without however providing further details.

However, you explained that action must go "hand in hand" with a plan to boost domestic energy supply by saying that the UK has become too dependent on internationally set energy prices.


    The outcome of the Tory summit challenge to replace Boris Johnson will be officially announced tomorrow: the winner will take office in Downing Street on Tuesday, after being formally awarded by Queen Elizabeth in the traditional ceremony which on this occasion will exceptionally not be held as usually in Buckingham Palace but in Balmoral, the royal residence in Scotland where the sovereign has remained in these days. 


Source: ansa

All life articles on 2022-09-04

You may like

News/Politics 2024-03-13T05:25:34.728Z
Business 2024-04-06T04:26:05.091Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.