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Tax cuts have gone through, in many spheres, and only 5% of the proposed package included the higher tax reduction..the top band..45%...
Johnson would have raised taxes for all....Truss is reducing most taxes, BUT, has been thwarted on the higher rate, which is a shame....The Tory party is a shell of it's former self, and Truss needs more time, to force it to shape up...She needs time to clear out the swamp...
In summary, the Tory party has maintained the Truss doctrine and only removed the higher band reduction, due to the controversy within the party itself...Of course, the rabid left opposition, with it's politics of envy, hate the idea of rich people getting richer.....I don't, if they are helping the economy, with investments, building new businesses and through paying taxes here, out of choice....This policy will be revived at some stage I bet....
Basically, taxes are still reduced down, in general...So there are still many tax areas enjoying that reduction....And if Sunak had been elected leader, or Johnson remained, the tax burden would have gone up for everyone...But that is not happening and it does annoy the globalist elites, who are trying to bring us down, on parity with mainland Europe....Which is far worse than the UK...
We still prefer billionaires and millionaires to pay taxes in the UK, rather than in lower tax countries....This tax rate will come in eventually, once the left (Tory and Labour) and biased media, have calmed down...
Truss is like Trump...always under fire for doing the right thing...
https://www.youtube.com/watch?v=A0qDxNtHNdQ
This also shows that the trick of 'trying to kick start the economy', by injecting more money, (to boost expenditure) does not work when there is both a slow down (or even recession) and inflation all at once! This a challenging combination!😆
So tax cuts won't do it, neither will, 'quantitative easing', 'lowering interest rates' nor even 'negative interest rates'! The only way forward seems to be to boost the demand of a currency internationally, like Putin did. Any local attempt to tackle inflation will lead to a recession.
Worst scenarios happens in these countrie's foreign policies. They never change with changes in leadership! Biden was voted in with a promise to end US's support for Saudi, end Yemeni devastating war, resore JCPOA, promote the welfare of Palestinians etc. But he has since found out that the conditions in the world doesn't make any of these promises practical! Such is how leaders end up 'serving the cabals'. They don't necessarily do it intentionally!!
So Liz is fab, from my perspectives.....She is also increasing our own energy reserves production for the home market, which will bring our bills down further....
Not certain if you saw this map I posted before...But here is the UK reserves of oil and gas, in the North sea.....
Note how little the Germans have in the North sea.....Explains their problems well...And we have the lions' share, of course...;-)
https://www.crystolenergy.com/wp-content/uploads/2016/03/North-Sea-...
https://www.infowars.com/posts/infowars-poll-voters-believe-gop-lea...
But now he is King, he has to stop the whole show, in it's tracks,,,The globalists hijacked the "environmental" movements and are not pleased that Charles has been muted by the UK.....lol
Also......
I was interested in how Fox business would view the Truss policies to date, so discovered this positive commentary....Albeit, this was five days ago and the pound has since rebounded a few points....as the markets calm down their illogical nervousness, over any type of change in policy......lol
https://www.youtube.com/watch?v=peCbzUZ-hRE
https://www.infowars.com/posts/top-army-colonel-nord-stream-sabotag...
I say good news....As the King has pledged to honour our British Constitution, which prohibits a monarch from dabbling in political peccadillos, no matter how much they are believed in, such dabbling is out of the question......
It would also reflect baddly on Liz Truss and she's no globalist.....And nobody in Britain, accept a few nutters, want the King to attend this globalist nonsense....
https://www.youtube.com/watch?v=YImCRlyz9ZU
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