Honesty is the best policy...

[brooklynite]

Liz Truss says it is fair to prioritise tax cuts that benefit high earners more

Liz Truss has said she will press ahead with plans for the UK to be a low-tax economy with less focus on wealth redistribution under her premiership, despite calls for caution from Tory grandees.

Truss, who is expected to be named as the new prime minister on Monday, said it was fair that her planned tax cut would benefit the highest earners 250 times more than the poorest, arguing it was wrong to view all economic policy through the “lens of redistribution”.

As analysts warned that relying on boosting economic growth to reduce income inequalities could increase disparities, Tory grandees sounded the alarm over what they said risked being an overly doctrinaire approach.

https://www.theguardian.com/politics/2022/sep/04/liz-truss-energy-prices-action-plan

[brush]

1. Doesn't sound good for the UK. Is she another Thatcher?

[ananda]

2. At least just as bad ... probably worse.

Poor UK.

[Demsrule86]

3. And people here want multiple parties...all that gets you is conservative rule...20 year just

about for the UK...well UK time to unite against one non-conservative party and kick these asshats out.

[H2O Man]

4. Only diseased minds

could think that she is good.

[Wounded Bear]

5. The economy is always about "redistribution." That's what an economy is...

The best a government can do is try to steer the direction of the flow of wealth and control the speed at which it moves.

Historically, wealth inequality is a prime motivator to rebellion. In democracies, we try to do that non-violently, but there are limits.