UK PM, finance minister agree to cut personal taxes before next election: newspaper

  • 📰 Reuters
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

British Prime Minister Boris Johnson and Finance Minister Rishi Sunak have agreed to cut personal taxes before the next election, London's Sunday Times newspaper reported.

FILE PHOTO: Britain's Chancellor of the Exchequer Rishi Sunak and Britain's Prime Minister Boris Johnson arrive to attend a Cabinet meeting of senior government ministers at the Foreign and Commonwealth Office in London, Britain, September 1, 2020. REUTERS/Toby Melville/Pool

Sunak will tell lawmakers and voters that the government must raise money now to pay for the coronavirus bailouts, the newspaper reported.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The plan then is not to increase the headline taxes which will undoubtedly mean more stealth taxes.

nevin_simon why this would be required ‘so to raise money’ when MMT exists?

Cut them after endorsing a record deficit and right before an election, painting the opposition to be the 'evildoers' who want to take away your earnings and increase austerity when there is no other option

So the rich little man with a big head wants to buy our votes?

Interesting, does that mean cut tax for rich people? Wow, a lot of dirty money will rush in England.

They’ll have to sell their new air craft carrier.

Allow joint taxation for married couples . A low pension for one partner results in an avoidable tax excess for the partnership.

Most earn so little they don't pay tax, and rich people dodge it. Britain is becoming a little America, with a population as thick and fat.

He’s called Chancellor of the Exchequer.

London Time_-!!!

What a great decision guys. You show the world that you really care about the people. Cherrs for you both.

😂Why now?

What a surprise!

Trump playbook

I don't know why but Boris is lot more funny and cheerful ! He is like British trump!

Best way to boost economy for all peoples along with quantitative easing. Go UK. I hope USA follows suit.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pumped-up UK housing market faces slow punctureProperty prices reached a record high in August, helped by pent-up demand. Rock-bottom interest rates, tax breaks and a rush to the countryside are propping up valuations. But with unemployment set to soar and banks culling the riskiest loans, buyers may be in shorter supply. aimeedonnellan 2020 is a turning point in the world, Mankind will certainly continue to decline.
Source: Breakingviews - 🏆 470. / 51 Read more »

Brexit: UK building Brexit lorry parks ahead of border chaos in 2021 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No, they prevent chaos by building lorry parks untill the process becomes more smooth. 🤦🏻‍♂️
Source: BusinessInsider - 🏆 729. / 51 Read more »