World News Random, Random

[Suliso]

Serios here, again. Has a tax cut EVER, in any country, re-charged an economy?

Good question. I could imagine it happening when taxes are indeed outrageously high or unfair. Switzerland, for example, atracts a lot of companies via low taxes despite high costs. Not the case currently in UK for sure.

[the Moz]

Serios here, again. Has a tax cut EVER, in any country, re-charged an economy?

A tax cut obviously for the business elite and foolishly unfunded no less!

[ponchi101]

I remember when W Bush gave the oil companies a tax break, to recharge that economy. First, it was not needed. Then, companies bought other companies and proceeded to fire thousands of employees, under the twisted logic that they now needed to pay for the companies they had bought and they needed to "cut costs" (always a euphemism for "firing people").
I really can't recall any tax cut that ever led to an improved economy.

[ti-amie]

[ti-amie]

[ti-amie]

I give up. WTH is going on in England?

[Deuce]

I give up. WTH is going on in England?

Maybe it's all Charles's way of pressuring people to allow him to have the powers of Prime Minister.

After all - of what use is the title of 'King' if you really have no practical power to make decisions for the nation?
I mean, wearing a crown and sitting on a fancy throne and having people polish your shoes is all fine and good, but POWER OVER A NATION is what really satisfies!

[ti-amie]

I give up. WTH is going on in England?

Maybe it's all Charles's way of pressuring people to allow him have the powers of Prime Minister.

After all - of what use is the title of 'King' if you really have no practical power to make decisions for the nation?
I mean, wearing a crown and sitting on a fancy throne and having people polish your shoes is all fine and good, but POWER OVER A NATION is what really satisfies!

Since they're about to throw Truss out on her ear who knows? Charles has had what, 70 years or so to think about what he would do as king no?

[ponchi101]

ALL of Europe will have to prepare for a cold winter. That was Putin's plan; make them so dependent on his Oil and Gas that they would not mind about Ukraine.
I know I am partial. But the entire "no exploring, no drilling" in the North Sea, WITHOUT a parallel plan to provide excess energy if something like this happened, was pretty shortsighted. And it is not hindsight; plenty of talk in the industry about it, before this year.

[ti-amie]

[ti-amie]

Okay Canada you're up.

[ti-amie]

[ti-amie]

[the Moz]

Well, it is ITV but utterly hilarious nonetheless

[Owendonovan]

Liz Truss Says She Will Resign as Prime Minister
Her departure, after six weeks in office, came as virtually all of her signature tax cuts were being reversed, a stark repudiation of her leadership.
https://www.nytimes.com/live/2022/10/20 ... truss-news

Buh bye.