U.K. Prime Minister Defends Tax Cuts as Market Turmoil Continues

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British Prime Minister Liz Truss looks to reassure U.K. voters and rattled investors that her plan to cut taxes won’t lead to prolonged financial instability

reassure the British public and rattled investors

that her plan to cut taxes wouldn’t lead to prolonged financial instability, arguing in a series of interviews on Thursday that the country had been buffeted by global shocks rather than her government’s reforms and that her policies would result in faster growth. “We had to take decisive action,” Ms. Truss told the British Broadcasting Corp. in her first public comments since the tax plan was presented last Friday.

 

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Tax cuts don’t work.

I’ve never made so much money even with working 9-5 I came across who mentored me and guide me through every process to start up my trade to my greatest surprise getting back $91,800 this is a great soul and a gift. Y’all use this opportunity jonnytrading

Politicians… politicians 🤦🏻‍♂️

We’ve been trying Republicans’ trickle-down nonsense in the US for 40+ years. What has it gotten us? Nothing good. When are UK citizens going to wise up?

I suspect her sane fiscal policy got deported to Rwanda.

Honest question: Has cutting taxes ever helped a government get out of a problem?

And she has a bridge to sell you that crossed the Thames

Narrator: 'It did, in fact, lead to prolonged financial instability.'

Gotta like Liz ;)

Can't wait for these Thatcher Reagan era policies to fail the 900th time.

that old TrickleDownEconomics tried many times in the UK and here in the US The TaxBreaks mainly for London this time Sounds strong right? Wealthy get all they need and more!

Who would have thought 💭 that people would want Boris back?

Let the car race into the swamp with full energy! Anyway, Great Britain has to live with it!

The first step in being a leader is to show confidence in your plan, no matter how stupid it actually is

Liz Truss is going to come with other destructive policies

What an Iron Lady! Amazing. All she took was 2 weeks to bring an entire country’s economy to its knees! 😂

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