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Britain’s Gamble on Tax Cuts Has Economists Warning of Past Mistakes

Por: The New York Times Politics September 29, 2022

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WASHINGTON — A stunning rebuke from the International Monetary Fund this week underscored one of the biggest risks of the new British government’s plan to slash taxes on high earners: It could exacerbate rapid inflation and destabilize markets at a precarious economic moment.The alarm from economists, central bankers, investors and top U.S. officials centered on the likelihood that the tax cuts could stoke consumer demand by giving people... + full article



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