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

submitted 8 months ago by CAVOK@lemmy.world to c/europe@feddit.de

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[–] Lifebandit666 8 points 8 months ago (2 children)

All I'm reading is that they may have an idea about maybe writing it in a different way maybe at some point.

I'm not seeing any actual details in this story. Just that they're proposing to replace None-Dom with something else maybe

[–] christophski 2 points 8 months ago

Classic British politics

[–] thr0w4w4y2@sh.itjust.works 1 points 8 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.