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Comments
In U.K., the cabals 'paniced', causing the pound to fall, forcing the bank to raise interest rate. So the money gotten by cut tax might as well go to the bank, in search for the high interests, rather than going to stimulate the economy, as desired.
So the 'original sin' is to let 1% of population control a country's 80% of the wealth! Like Rothschild said; If I have the country's money, then I don't care what president you elect!". Yes, you can't beat such tycoons in an 'economic war' of any sort. They have endless knobs for adjusting the economic enviroments to suite them!
"When you cut the top rate of tax, you increase revenues coming into the treasury..."
Reply:
please explain how this can happen. Isn't the tax the source of revenue?
Quote:
"When you cut corporation (business) tax, it helps small and medium size business, not just large conglomorates with clever tax lawyers..."
Reply:
agreed, and I add that taxes are also 'cut throat competition' that favours large and established businesses and destroys small and upcoming ones.
Quote:
"When you cut income tax and national insurance, people have more to spend on the economy...."
Reply:
...Minus the money the government would have spent in the same economy
When you cut the top rate of tax, you increase revenues coming into the treasury...When you cut corporation (business) tax, it helps small and medium size business, not just large conglomorates with clever tax lawyers...
When you cut income tax and national insurance, people have more to spend on the economy....Business and consumers benefit and the treasury enjoys greater revenues to spend on political projects, such as defence, infrastructure projects, NHS expenditure, etc...
"Green" taxes on energy bills, has also been slashed, annoying the WEF green meanies.....lol
"Response to the mini-budget has been 'political rather than rational' says Liam Halligan On The Money"
https://www.youtube.com/watch?v=yNC6eBSbal0
I will say that I agree with Minford.....šš»š
"Professor who INSPIRED Liz Truss 'Trussonomics' DEFENDS mini-budget."
https://www.youtube.com/watch?v=S1ld10_wnrQ
This 'winter energy' thing should be a non-issue in Europe, if they begin thinking outside the 'box'! That 'you must use gas/ electricity' because may be 'you are too clean' there in Europe is a pride trap to ensure that you always buy these things no matter how costly they are. You thus create billionaires, and billion beggars! Time to defy these, and burn your own charcoal!š
"TO ASHES: Desperate Europeans burn TREES for warmth following destruction of Nord Stream pipelinesā¦"
Reply:
This should not be 'desperate' at all! Fire woods are excellent zero cent alternative to gas. A mere log of wood can take you over two months, doing what hundreds of litters of gas would do!
So I advice Europeans to burn wood instead of freezing and/or paying huge money for gas/electricity.
https://www.naturalnews.com/2022-09-29-desperate-europeans-burn-tre...
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