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TCatLikesReality /
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2024-10-31 08:46:56
in reply to nevent1q…sxa3

TCatLikesReality on Nostr: npub1g0tuf…3tvm4 I'm quite pleased the UK Budget has lots of progressive taxation ...

npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 (npub1g0t…tvm4)

I'm quite pleased the UK Budget has lots of progressive taxation measures:

- Capital Gains Rate raised
- Employers pay more NI, with increased allowance for small companies
- Inheritance tax to include pension pots
- Private Equity tax rate increase
- increased minimum wage and carers allowance
- MY FAV: Private jet fees up 50%

That and more public spending, at last!

To me, given the last 15 years budgets, this is a big step in away from trickle down.
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