{"id":11827,"date":"2022-10-04T04:42:55","date_gmt":"2022-10-04T04:42:55","guid":{"rendered":"https:\/\/fusefornews.com\/2022\/10\/04\/chancellor-defends-income-tax-cut-u-turn\/"},"modified":"2022-10-04T04:42:55","modified_gmt":"2022-10-04T04:42:55","slug":"chancellor-defends-income-tax-cut-u-turn","status":"publish","type":"post","link":"https:\/\/fusefornews.com\/?p=11827","title":{"rendered":"Chancellor defends income tax cut U-turn"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Chancellor Kwasi Kwarteng has confirmed he will not pursue cutting the 45p rate of income tax on people earning more than \u00a3150,000 a year.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Speaking to BBC Breakfast, Mr Kwarteng confirmed the U-turn 10 days after the plan was announced in the mini-budget. He said that the plans had become a &#8220;distraction from our overriding mission to tackle the challenges facing the country&#8221;.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Just yesterday Prime Minister Liz Truss told the BBC&#8217;s Sunday with Laura Kuenssberg programme that she was committed to the proposal.<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/uk-63114409?at_medium=RSS&#038;at_campaign=KARANGA\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Chancellor Kwasi Kwarteng has confirmed he will not pursue cutting the 45p rate of income tax on people earning more than \u00a3150,000 a year. Speaking to BBC Breakfast, Mr &hellip; <\/p>\n","protected":false},"author":1,"featured_media":11828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts\/11827"}],"collection":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11827"}],"version-history":[{"count":0,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts\/11827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/media\/11828"}],"wp:attachment":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}