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UK slashes personal, corporate taxes in bid to spur growth

Por: The Boston Globe Business September 23, 2022

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LONDON (AP) — Britain’s new Conservative government announced Friday it will cut personal income tax, scrap a planned tax hike on businesses and lift a cap on bankers’ bonuses as part of contentious moves to boost the faltering economy.Treasury chief Kwasi Kwarteng said there were “too many barriers for enterprise” as he put lower taxes top of the government’s agenda.Kwarteng announced in his “mini budget” that he was reversing a... + full article



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