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UK government abolishes centuries-old tax breaks for the rich in preelection budget announcements (www.cnbc.com)

submitted 6 months ago by CAVOK@lemmy.world to c/europe@feddit.de

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[–] thr0w4w4y2@sh.itjust.works 1 points 6 months ago

yes, but based on estimated savings from doing it, they’ve given tax handouts (like the “british ISA” scheme for folks who already exceed their allowed £20k tax free savings a year) to their mates. meanwhile schools, businesses, civil servants and single parents scrounge up scraps to survive.