Published 4 years ago • loading... • Updated 4 years ago
Biden slams ‘trickle-down economics’ as Truss plans to lift bankers’ bonus cap
Summary by Ground News
Biden said he was sick and tired of the theory that cutting taxes for businesses and the wealthy will see the benefits trickle down. Comments came as the Prime Minister and Chancellor Kwasi Kwarteng finalise a mini-budget on Friday. This is expected to see previously planned increases in corporation tax scrapped.