Grover convinced Republicans to compromise their political power and it's always Republicans who have to remind Americans of their "commitment" to America.
LONDON, Oct 3 (Reuters) - The British government is expected to reverse the proposed scrapping of the highest rate of income tax that has sparked a backlash in the governing Conservative Party, the BBC reported on Monday.
Finance minister Kwasi Kwarteng sent shockwaves through financial markets when he published a mini-budget on Sept. 23, cutting taxes including the 45p highest rate of income tax, in a "growth plan" to be funded by vast government borrowing.
The government had stuck to the policy, even as the value of the pound and government bonds fell, but several senior lawmakers have stepped up their opposition to it at the party's annual conference which began on Sunday.
On Sunday, former minister, Michael Gove, long at the heart of government, hinted he might vote against cutting taxes for the wealthy.
Kwarteng had planned to tell the conference on Monday that the government "must stay the course" and he was confident the plan was the right one, according to advance excerpts released by his team. read more
www.reuters.com
Pardon seekers unite!
www.forbes.com
LONDON, Oct 3 (Reuters) - The British government is expected to reverse the proposed scrapping of the highest rate of income tax that has sparked a backlash in the governing Conservative Party, the BBC reported on Monday.
Finance minister Kwasi Kwarteng sent shockwaves through financial markets when he published a mini-budget on Sept. 23, cutting taxes including the 45p highest rate of income tax, in a "growth plan" to be funded by vast government borrowing.
The government had stuck to the policy, even as the value of the pound and government bonds fell, but several senior lawmakers have stepped up their opposition to it at the party's annual conference which began on Sunday.
On Sunday, former minister, Michael Gove, long at the heart of government, hinted he might vote against cutting taxes for the wealthy.
Kwarteng had planned to tell the conference on Monday that the government "must stay the course" and he was confident the plan was the right one, according to advance excerpts released by his team. read more
UK to reverse cut to higher rate income tax, BBC reports
The British government is expected to reverse the proposed scrapping of the highest rate of income tax that has sparked a backlash in the governing Conservative Party, the BBC reported on Monday.
www.reuters.com
Pardon seekers unite!
Commitment To America: Just What The Doctor Ordered
The Commitment is important, because it illustrates the glaring contrast between the two parties—especially on contentious issues like health care.
www.forbes.com
