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@EBL321
January 27, 2024 at 1:52 am
She is spot on itâs either inflation or economic stagnation.
I cannot get my head round how people are so annoyed about the ÂŖ45bn tax cuts that is likely coming out of borrowing where as ÂŖ100bn going to energy is also likely to come from borrowing as well.
Obviously Iâm all for the ÂŖ100bn package because energy prices will rocket without support but the fact ÂŖ45bn makes so many people concerned of our public finances when we just spent ÂŖ500bn (over 10x more) on lockdowns, track and trace etc.
It shows that that ÂŖ45bn tax cuts is a political issue not an economic one as clearly we can afford ÂŖ45bn to borrow for tax cuts especially if we can also afford ÂŖ100bn borrowing.
People are concerned about the rich getting richer where as actually had the government not remove National Insurance increases, the poor would have become poorer. The increase would have affected my personal finances. Plus really glad the government are cutting income tax to 19%. That will benefit me. Increasing personal tax threshold from ÂŖ12576 to ÂŖ15000 would be incredible.
I support the government on this as these tax cuts are overdue. I must add, I know people will argue that government should have planned out the cuts, yes I acknowledge that but I could argue ÂŖ500bn was not planned as people was concerned over Covid. We need these tax cuts immediately!
@stephfoxwell4620
January 27, 2024 at 1:52 am
How completely dim is this vacuous woman?
@vMaxHeadroom
January 27, 2024 at 1:52 am
Bottom line, she is right, anyone in power would have the most painful time trying to get the economy going.
@andynjw1163
January 27, 2024 at 1:52 am
That was just a mini one wait until the main oneđđ
@Ponieslad
January 27, 2024 at 1:52 am
I have been retired for 3 years now. However if I was still working I would be ÂŖ50 a month better off.
@hairyjohn5825
January 27, 2024 at 1:52 am
The Liz Truss plan increases inequality!