Will Liz Truss’s economic plans make us richer?
As her chancellor prepares to announce a mini-Budget, the PM has pledged tax cuts to boost growth. …
The theory is that by allowing businesses and workers to retain more cash, they should spend and invest more which, in turn, should bring in more tax revenue. Cut red tape, and they have the freedom and incentive to do even more – what’s termed supply-side reforms.
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