Britain plans to levy additional taxes to control the budget
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Britain’s Chancellor of the Exchequer, Jeremy Hunt, announced that everyone would have to pay “a little more tax” after next week’s budget, as he warned it would take “sacrifices” from everyone to get the economy going again..
However, the finance minister stressed that the matter would be “not bad news” and stressed that he wanted to show the British people “the way to overcome” the current “difficult” conditions, Britain’s BA Media agency said today..
Hunt announced that he will play the role of “miser” as he sets out his vision for restoring financial “stability,” with a focus on bringing “security” to households and businesses after the financial turmoil hits the market blown up by his predecessor’s £45 billion ($53 billion) tax cut program..
“The powerful will bear the brunt,” he said as he tried to close what he called a black gap in public finances, and lowering the threshold at which higher earners start is thought to be higher to pay, is considered tax rate..
Hunt acknowledged in several radio interviews today that everyone will carry a greater burden in the future..
As for who would have to bear the additional costs, he said the government would “call on everyone to make sacrifices”.
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