Liz Truss (UK) to postpone vote on tax cuts for the rich
In Britain, Liz Truss will delay voting to lower tax rates for high-income earners, after Michael Gove joins critics in the Conservative party. According to The Telegraph, citing government sources, the prime minister will not ask lawmakers to approve a controversial decision reducing the tax ceiling for the wealthy from 45 to 40%, until they know how it will be financed in the medium term. plan, hand in hand with the Chancellor on November 23.
On the first day of the Tory conference in Birmingham, Gove, the former leveling secretary, hinted that she would not vote to remove the 45p levy, saying it showed “wrong values” and that Mrs Truss had no mandate to Move. He said he was “deeply concerned” about the decision to borrow to finance tax cuts, calling it “non-conservative.”
Postponement of voting on the 45 pence tax rate. MINISTER Kwasi Kwarten said the tax cuts were reasonable, credible and would boost growth.
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