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The rich are the biggest winners of Britain's tax-cutting gamble

Por: CNN Business September 26, 2022

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London CNN Business  —  The United Kingdom’s big to boost economic growth will benefit the rich far more than millions of people on lower incomes. On Friday, UK finance minister Kwasi Kwarteng announced a , including scrapping the top rate paid by the highest earners, and reductions in duties paid on house purchases. The UK Treasury estimates that the cuts will wipe £45 billion ($48 billion) off annual government revenues over the next... + full article



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