Discover and read the best of Twitter Threads about #TrickleDownTruss
Most recents (1)
Really staggering 🇬🇧mini-budget just announced here in London. Ain’t nothing mini about it.
Record-setting borrowing *and* tax cuts. £100 billion price tag. No-tax & spend. Trickle down economics on steroids. Throws fiscal sustainability out the window.
A huge political gamble
Record-setting borrowing *and* tax cuts. £100 billion price tag. No-tax & spend. Trickle down economics on steroids. Throws fiscal sustainability out the window.
A huge political gamble
The £45 billion in tax cuts just announced, mostly given to the wealthy & businesses, is biggest tax cut since 1972, when Chancellor Barber had his "dash for growth". It's 2% of GDP.
That ended in disaster. It's generally regarded as the most damaging UK budget in modern history
That ended in disaster. It's generally regarded as the most damaging UK budget in modern history
