Learn English: Budget Trickery: Less Taxes, More Spending? (normal)

3 days, 1 hour ago

Budget Trickery: Less Taxes, More Spending?

The UK government is trying to fix its finances and make sure it has enough money to spend on important things, like hospitals and roads.

But they also need to make sure the country doesn't owe too much money, which could mean raising taxes.

The Chancellor, Rachel Reeves, is considering a sneaky way to get more money to spend without raising taxes too much, by changing how the government measures its debt.

This trick could mean less pain for taxpayers, but it's still not clear exactly how it will work or what impact it will have on the country's finances.

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Source

Original: BBC News

Tags

#UK economy #Budget #taxes #spending #debt

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