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Proposed Supply-side Tax Cuts Reversed

October 3, 2022

I was resolved to take a break from posts about Merry Old England, but Britain’s Conservative Party-led government reversed its proposed tax cuts.

Such a decision does not secure the conservative Party’s leadership by Prime Minister Truss nor shore up the British Pound Sterling.

Dissenting Conservative MPs seem assured of their ability to make complaints but unsure of what policies should replace proposed tax cuts. Ms. Truss will soon go the way of PM Boris Johnson and a new Chancellor of the Exchecquer will be found to replace Kwasi Kartung. Let’s say Bye-Bye with a song by Ann-Margaret.

England deserves better leaders, but so does the United States.

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