New British Prime Minister To Make The Economic Pie ‘Much Bigger’ Instead Of Fighting Over How To Slice It

New British Prime Minister To Make The Economic Pie ‘Much Bigger’ Instead Of Fighting Over How To Slice It

Liz Truss Attends Her First Prime Minister’s Questions British Prime Minister Liz Truss argued in a Saturday opinion piece for an economic agenda centered upon tax cuts and deregulation.

The new Conservative Party government on Friday canceled a rise in the corporate tax rate, cut the basic income tax rate to 19%, and began discussions about special economic zones in multiple regions of the United Kingdom. In her article for The Daily Mail, Truss said that lawmakers had emphasized agendas prioritizing redistribution rather than growth.

“For too long, politicians have fought over how to slice up the economic pie,” she explained. […]

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