| Autor: |
Sternberg, Joseph C. (AUTHOR) |
| Předmět: |
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| Zdroj: |
Wall Street Journal - Online Edition. 11/29/2024, pN.PAG-N.PAG. 1p. |
| Abstrakt: |
The article discusses the backlash faced by British Chancellor of the Exchequer Rachel Reeves over proposed tax hikes in the new Labour government's budget. The plan aims to raise total government receipts to 42.4% of GDP by 2030, leading to opposition from businesses, farmers, and wealthy individuals. Critics warn that the tax increases could result in job losses, reduced investment, and lower economic prosperity. The article highlights concerns about the potential negative impact of the budget on the UK economy and questions the effectiveness of the proposed tax measures. [Extracted from the article] |
| Databáze: |
Regional Business News |
| Externí odkaz: |
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