Nigel Farage Abandons Tax Cuts
Nigel Farage has decided to shelve massive tax cuts in favor of reducing public spending to balance the budget.
‘substantial tax cuts given the dire state of debt and our finances are not realistic at this current moment’
The Reform leader's decision may disappoint some supporters, as it means the tax burden will remain high for at least a couple of years if Farage wins the next election.
- Reform's election manifesto has been revised, abandoning "back-of-a-fag packet" economics.
- The Laffer Curve will not be a focus of the election campaign.
Despite potential disappointment, Farage's decision is seen as the right choice, avoiding a repeat of past economic mistakes.
Author's summary: Farage abandons tax cuts for spending cuts.
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