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  • OK....This change in policy is important to we in the UK......Currently, we are fighting globalist orthodoxy, whether you get it, or not...We do....
    To assist all readers understand what I'm alluding to, I'll add this GB News video...Well summed up....

    https://www.youtube.com/watch?v=IneAcNKDMpg
  • Also I don't see how manipulation of taxes by politicians, together with manipulation of interests by central banks is a 'free market'. The pple are not free to or not to pay taxes, for instance.
  • I don't think there is an historical examples in all cases. Specifically, an example of a successful 'tax cut' during inflation. It is not hard to understand how tax reduction might boost growth if the country is in a deflation. But during inflation, the country is struggling to reduce the money in circulation, so more taxes seems to be the way foward. So it is this combination of slow growth and inflation that is problematic, and I don't think there are many examples.
  • Although it seems counter-intuitive to many who are not living in a free market economy, or never have had one, historical analysis has confirmed that when taxes are lowered, it encourages spending and growth. It also encourages investments into small and medium business...So as the economy grows, the size of the "pie" increases. So governments actually increases tax revenues, in spite of lower taxe rates, because of the economic growth....

    We in Britain always observe this when the voters alternate governments, between the Labour party high taxation and the Conservative party low taxation....Albeit, in recent years, the Conservatives have been following the guidleines of the central banks and controlling dark cabal, as they seek to implode their own financial system, to make way for the great reset....BUT, recently, the Tories have changed course, and defied the cabal "controlled demolition," by returning to classic Thatcherite taxation and growth modelling....The BoE has got on board with this, too...
    Or true free market capitalism....And there is a massive difference between capitalism and corporatism.....
    The former favours small and medium business, the latter, larger concerns, such as multi-national conglomorates....
    The dark cabal plan was to destroy all small businesses,as you may have seen during the fake pandemic, "covid lockdowns." That is no longer being allowed to happen and the LIGHT is fighting back..

    Roaring I also posted videos alongside my comments and they should aid you, in understanding these conservative, free-market principles...Socialism is the driving system in Kenya..?? That is the anti-thesis of free-market capitalism....Please confirm that Kenya runs such a socialist economy, which could explain why this policy approach to taxation, is unfamiliar to you...
  • Note that U.K. exemplifies the kind of 'sham democracy' I have been talking of. People elect leaders to do one thing, yes, but some powerful individuals creates conditions that drives the opposite results. Such is how Biden was forced to back Saudi etc.

    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!
  • Quote:
    "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
  • What? some trees grow in 3 years! Fossil fuel develope for billions of years, and humans are exhausting them in centuries!
  • fire woods take 300 years to grow
  • If you read the international press, you would think that the UK is disappearing off the face of the map....In truth, this banker/financier frenzy tells you that we are defying the globalist plans for the UK, that they were hoping to bring in, if their WEF agent, Rishi Sunak, had become PM....But it was not to be...Truss got elected instead, I'm pleased to say.....And her plan is to make the British economy stronger and increase our exploration and tapping of oil and gas, within our own North sea waters, rather than importing energy....The globalists hate it.....

    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
  • Let us examine the current fiscal situation in the UK....The globalists and speculators, shorting against the pound (betting it will fall,) want our economy to implode, as we defy the WEF agenda....The left want the UK economy to fall, so they can pretend to be saviours....But in truth, the economy is alive and simply requires LOW TAXATION TO STIMULATE GROWTH......With growth, the economic cake becomes larger and then we can spend on a variety of infrastructure plans....Watch this video, which picks the brains of the renowned Professor Minford, who was economic advisor to the dynamic Thatcher years of economic boom, in the 1980s....He views the recent Truss mini-budget favourably, in spite of panic on the pound and in the city of London....

    I will say that I agree with Minford.....👍🏻😁

    "Professor who INSPIRED Liz Truss 'Trussonomics' DEFENDS mini-budget."

    https://www.youtube.com/watch?v=S1ld10_wnrQ
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