Hellow guys, Welcome to my website, and you are watching Reaction! Liz Truss UK Tax Cuts & GBP Collapse?. and this vIdeo is uploaded by Offshore Citizen at 2022-10-16T05:30:14-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Reaction! Liz Truss UK Tax Cuts & GBP Collapse? |
| Video Uploader | Video From Offshore Citizen |
| Upload Date | This Video Uploaded At 16-10-2022 12:30:14 |
| Video Discription | Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://calendly.com/michael-rosmer?month=2021-03 You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com The UK has announced the biggest tax cut package since 1972, founded by borrowing in the time of high inflation. This clearly has made many people upset with UK Prime Minister Elisabeth Truss. Just a reminder that the UK was on the road to increasing taxes. They have a 19% corporate tax rate, and there were talks about raising it to 25%. The top tax bracket is 45%. So, it doesn't surprise that such a massive shift in tax policy upset many and made others extremely happy. Liz Truss was proposing decreasing the top tax bracket from 45% to 40%, a change of duties on the transfer of the property, removing windfall taxes, and a few other things. The markets didn't like these proposed changes! The pound which was already severely weakened took a massive drop! The UK is facing high inflation, higher than the US, and something needs to be done! What do I think about the current situation in the UK? What should be done here? Who are we and what do we do? We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc. We have lots of interesting articles on different topics, we have relevant information up to date. Author: Michael Rosmer Feel free to join our community! Don’t forget to subscribe to our channel https://www.youtube.com/channel/UCZDToCpuHc4kEHDurkQpVPg?sub_confirmation=1 |
| Category | People & Blogs |
| Tags | UK tax cuts | UK taxes | Liz Truss | prime minister | unfunded tax cuts | markets | inflation | hyperinflation | pound | GBP | taxes in the UK | UK tax 2022 | Brexit | British government | taxes 2022 | tax increase | tax cuts | Europe taxes | UK | government | budget | mini budget | chancellor | secretary | parliament | uk parliament | liz truss | benefits | tax | budget news | energy | energy bills | cost of living | cuts |
