Tories may also reduce stamp duty in bid to win back voters and reduce pressure on PM, reports say

  • orclev@lemmy.world
    link
    fedilink
    English
    arrow-up
    88
    ·
    8 months ago

    Why is it that you never see the headline “X considers tax cut for bottom earners”?

    • arensb@lemmy.world
      link
      fedilink
      English
      arrow-up
      51
      ·
      8 months ago

      I’m pretty sure I saw that headline, with X = Obama or Elizabeth Warren or someone. Then it got shot down because… Idunno, they probably would have blown it all on rent and food and car repairs instead of Job Creation.

    • theinspectorst@kbin.social
      link
      fedilink
      arrow-up
      18
      arrow-down
      1
      ·
      edit-2
      8 months ago

      In the UK - that was a Liberal Democrat policy going into the 2010 election that was then implemented during the Coalition government. They increased the tax-free personal allowance, which effectively took two million of the lowest paid out of paying income tax altogether. It was hugely popular, and so the Tories later tried to claim credit for it even though it was literally something the Lib Dems forced onto them at the expense of some of the tax cuts for the rich that the Tories had wanted…

    • drolex@sopuli.xyz
      link
      fedilink
      English
      arrow-up
      10
      arrow-down
      1
      ·
      8 months ago

      Well it’s called treacle down, not treacle up. Look it up sweetie! /s