Lord Meghnad Desai :Trussonomic Is Like Fantasy Economics | India Development Debate

Barely 10 days after promising to cut taxes for Britons super rich, Liz Truss's government scraps plans to cut taxes for its top earners. Treasury chief Kwasi Kwarteng tweeted that the government had listened to contrarian views. Remember, the government's policy had pushed markets into a turmoil and sent the pound plunging in value against the dollar. Top earners- those who earn more than 150,000 pounds, will now continue to pay the 45% tax that is in place. On the India Development Debate Tamanna Inamdar has a holds-no-barred conversation with Lord Meghnad Desai an Author & British Economist on why Truss had to retreat on her radical plan and whether her policy flip-flop is taking away her credibility. Tune in!#Liztruss #economics #taxpolicyRead More