‘Cruel and greedy’: high earners on Kwasi Kwarteng ditching top tax rate

‘Cruel and greedy’: high earners on Kwasi Kwarteng ditching top tax rate - short news


Seven people in 45% tax bracket that chancellor is abolishing share how they feel about decision

International markets, voters, members of the Conservative party and experts have reacted with dismay to Kwasi Kwarteng’s “fiscal event” last Friday, when the chancellor announced that the top tax rate of 45% would be abolished.

Here, seven high earners who will benefit from this tax cut share how they feel about it, and what they will do with the money.

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source: The Guardian - 01.10.2022

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