Regional
UK Government Forced To Ditch Tax Plan
UNITED KINGDOM – The British government has “hit the brakes” on a plan to cut the income tax rate for those in a higher income tax bracket.
NASSAU, BAHAMAS – The British government has “hit the brakes” on a plan to cut the income tax rate for those in a higher income tax bracket.
The move comes after a rebellion among British lawmakers, in the midst of financial and economic turmoil.
The UK’s finance minister said the tax cut for people earning above 150 thousand pounds had become a “distraction” from the government’s plans to tackle the energy crisis and reduce taxes.
The retreat came 24 hours after UK Prime Minister Liz Truss admitted mistakes.
The proposed cuts of 45 billion pounds would have been the biggest in 50 years and sold by the government as vital to shake the UK out of years of a sluggish economic performance.
Cooper Says Delivery Drove Re-election
Jerome Fitzgerald Returns to Frontline Politics
Myles Laroda Takes on a New Portfolio in National Security
Leslia Miller-Brice, Re-elected to the Seabreeze Seat in Landslide Fashion
Taking Off for Summer: Bookings, New Routes, New Minister
iShowSpeed Visits The Bahamas
Florida Judge Grants Deadline Extension For Former National Security Minister’s Business Partner
20-Year-Old Charged With Stabbing Mother’s Friend
Ten Senior Members Sworn in Including First Woman Tourism Minister
Lincoln Deal: “I Will Serve Freetown, No Matter Who You Voted For”
New AG, Education, and Finance Ministers Sworn in at Govt. House
15 Ministers Sworn, 2 New Ministers Sparking an Online Debate
Cooper Says Delivery Drove Re-election
Jerome Fitzgerald Returns to Frontline Politics
Myles Laroda Takes on a New Portfolio in National Security
Leslia Miller-Brice, Re-elected to the Seabreeze Seat in Landslide Fashion
Taking Off for Summer: Bookings, New Routes, New Minister
iShowSpeed Visits The Bahamas
-
Court2 days agoFlorida Judge Grants Deadline Extension For Former National Security Minister’s Business Partner
-
Court2 days ago
20-Year-Old Charged With Stabbing Mother’s Friend
-
National2 days agoTen Senior Members Sworn in Including First Woman Tourism Minister
-
National2 days agoLincoln Deal: “I Will Serve Freetown, No Matter Who You Voted For”
-
National2 days agoNew AG, Education, and Finance Ministers Sworn in at Govt. House
-
National1 day ago15 Ministers Sworn, 2 New Ministers Sparking an Online Debate
-
National1 day agoVoters Across Cat Island Say Progress Influenced Their Choice
-
National11 hours agoLeslia Miller-Brice, Re-elected to the Seabreeze Seat in Landslide Fashion