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Bank Nigger: Ah be did done doin' givin' muhfuggas soo-pah doo-pah TAX CUT n' shhhheeeeeit ...

  1. #1
    Market:




    https://www.zerohedge.com/markets/uk-markets-implode-after-truss-vows-end-cycle-stagnation-historic-tax-cut

  2. #2
    aldra JIDF Controlled Opposition
    lol

    Kwasi Kwarteng, head of Zimbabwefication
  3. #3
    Originally posted by aldra lol

    Kwasi Kwarteng, head of Zimbabwefication

    i loled hard the first thimg i saw the name.
  4. #4
    aldra JIDF Controlled Opposition
    wait did he drop the income tax rate to a flat 19%? or is that the lowest bracket or what
  5. #5
    Originally posted by aldra wait did he drop the income tax rate to a flat 19%? or is that the lowest bracket or what

    seems like trim everyones basic income tax to 19%.

    people with higher income gets more tax cuts.
  6. #6
    aldra JIDF Controlled Opposition
    https://www.dailymail.co.uk/news/article-11242327/Kwasi-Kwarteng-gambles-huge-tax-cuts-Emergency-Budget.html

    ok so it sounds like he's removing the top (45%) tax bracket so they move down to the next one. Minimum tax bracket is now 19% instead of 20% for some reason.

    Dozens of low-tax and low-regulation 'Investment Zones' will be created across the country, with new startups enjoying breaks such as exemption from business rates.

    that's interesting
  7. #7
    Originally posted by aldra https://www.dailymail.co.uk/news/article-11242327/Kwasi-Kwarteng-gambles-huge-tax-cuts-Emergency-Budget.html

    ok so it sounds like he's removing the top (45%) tax bracket so they move down to the next one. Minimum tax bracket is now 19% instead of 20% for some reason.



    that's interesting

    Chancellor abolished the 45p top rate for around 660,000 people earning £150,000 - saving them an average of £10,000 a year each.

    the rich gets 8-9% richer, while the poor saves 1%.

    [semen] trickle down economy to further fuel inflashun.
  8. #8
    aldra JIDF Controlled Opposition
    The following users say it would be alright if the author of this post didn't die in a fire!
  9. #9
    Speedy Parker Black Hole [my absentmindedly lachrymatory gazania]
    Zimbabwefied
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