Budget For The 1 Government Is Accused Of A Huge Tax Cut In Favor Of The Rich Mini Budget 2022
On Friday, Kwasi Kwarteng, the chancellor, announced a series of tax cuts and other measures that economists and activists claim will greatly benefit the super-rich at the expense of working people. personal tax Measures include: Abolition of the additional 45p tax rate on earnings over £150,000. Ax of the cap on bankers’ bonuses. Abolish the planned increase in corporate tax to 25%. Doubling of ‘holiday’ stamp duty on property purchases to £250,000....