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.
2 months ago·Washington, United States

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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 months ago·London, United Kingdom
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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 months ago·London, United Kingdom
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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 months ago·London, United Kingdom
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2 months ago·London, United Kingdom
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Truss willing to be 'unpopular' as she prepares to scrap cap on bankers' bonuses amid tax revolution

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2 months ago·London, United Kingdom
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Is Biden subtweeting Liz Truss over her love of trickle-down economics?

Is Biden subtweeting Liz Truss over her love of trickle-down economics?

2 months ago
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