Best tax cut right now is a cut in inflation – Crypto News – Crypto News
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Best tax cut right now is a cut in inflation – Crypto News

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The UK Chancellor of the Exchequer Jeremy Hunt said on Friday that the “best tax cut right now is a cut in inflation.”

Additional comments

Understand importance of low taxes.

Best tax cut right now is a cut in inflation.

Bringing down inflation is the only way to fix industrial unrest.

Planning to halve inflation will require patience and discipline.

Weak recovery of public sector from pandemic strengthens case for reform.

The UK is powerfully positioned to play a leading role on innovation.

This growth plan is long term, won’t happen in 18 months before election.

Don’t accept we’re towards back of international pack.

We have some concerns regarding the US inflation reduction act.

Not worried about future of clean energy industries.

Market response

GBP/USD remains unfazed by the above comments, trading at 1.2371, down 0.27% on the day.

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