U.K. Prime Minister Rishi Sunak promised economic expertise when he clawed his way to the top last autumn. British businesses think he needs a refresher. Witness the brewing revolt against the mammoth tax increases Mr. Sunak cooked up with Chancellor Jeremy Hunt. Messrs. Sunak and Hunt unveiled a revised budget in November and are promising more of the same in their spring fiscal announcement. To balance the budget, they want to raise the top corporate tax rate to 25% from 19%; reduce the threshold for the top 45% personal income-tax rate to £125,140 from £150,000; and soak the middle class by freezing tax brackets until 2028 so inflation drags households into higher tax rates before their standard of living improves.
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
