I learned this phrase from British ex-Prime Minister Liz Truss. What drives growth? Cutting tax? Liz Truss said people who against her tax cutting mini budget is anti-growth. 😊 It all depends on whose taxes are cut and whether and how to balance the budget. Some believe that if business taxes are cut, business canContinue reading “Anti-growth coalition?“
Tag Archives: Economy
The market has delivered the justice!
UK budget U-turn is the most satisfying event personally for me in the recent financial market turmoil. 😊 Here is what happened. The new UK government announced its ambitious mini budget on September 23rd to give £45B tax cut by abolishing 45% tax for those earning over £150,00 by increasing debt by £75B. UK governmentContinue reading “The market has delivered the justice!“