Published 2 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.

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The Guardian

Liz Truss favours trickle down economics but results can be trickle up

UK PM is reviving the idea that cutting taxes for the better off ultimately benefits everyone. The IMF disagrees

2 years ago·London, United Kingdom

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The Independent

Biden slams ‘trickle-down economics’ as Truss plans to lift bankers’ bonus cap

US President Joe Biden will meet Liz Truss in New York on Wednesday.

2 years ago·London, United Kingdom

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Evening Standard

Biden slams ‘trickle-down economics’ as Truss plans to lift bankers’ bonus cap

US President Joe Biden will meet Liz Truss in New York on Wednesday.

2 years ago·London, United Kingdom

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The Journal

Joe Biden slams ‘trickle-down economics’ as he prepares for meeting with Liz Truss

The two leaders are set to meet at the United Nations summit in New York City tomorrow.

2 years ago·Ireland

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ITV

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2 years ago·London, United Kingdom

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LBC

Truss willing to be 'unpopular' as she prepares to scrap cap on bankers' bonuses amid tax revolution

Liz Truss has admitted she is willing to be unpopular by introducing policies such as fracking and scrapping the cap on bankers' bonuses to deliver economic growth.

2 years ago·London, United Kingdom

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