Britain’s Prime Minister Liz Truss forced to scrap plans to remove the 45 percent top income tax rate on high earners.
Just a few days ago, Britain’s new prime minister was confident she would be able to kick-start economic growth by cutting taxes. Yet the country is still on course for a recession.
Faced with market turmoil and criticism from within her Conservative Party, Liz Truss was forced to scrap plans to remove the 45 percent top income tax rate on high…