![[국제]British Prime Minister fires Treasury Secretary …](https://image.ytn.co.kr/general/jpg/2022/1015/202210150256523743_t.jpg "[국제]British Prime Minister fires Treasury Secretary …")
British Prime Minister Truss raises corporate taxes … Withdrawal of freeze plan
Prime Minister Truss backs off after withdrawing tax cuts for high-income workers
UK government announces tax cut … creating confusion
UK prime minister fires finance minister over tax cuts confusion
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[앵커]
British Prime Minister Liz Truss has also reduced corporate tax rates following high-income tax cuts.
At the same time, he fired the finance minister 38 days after his appointment, accusing him of being responsible for the confusion in the tax cut policy, and admitted the policy’s failure.
Correspondent Lee Jong-soo.
[기자]
Prime Minister Truss held an emergency press conference and said he had decided to support the corporate tax hike.
[리즈 트러스 / 영국 총리 : 재정 규율을 시장에 확신시키기 위해 행동해야 합니다. 이에 따라 전 정부 계획대로 법인세를 인상하기로 결단했습니다.]
Prime Minister Truss initially planned to abolish and freeze the plan to raise the corporate tax rate from the current 19% to 25%.
Prime Minister Truss also withdrew plans to cut the top income tax rate for high-income people, which had been criticized for tax cuts for the rich.
With this, he gave up his belief that he would revitalize the UK economy through tax cuts.
On the 23rd of last month, the UK government announced only a tax cut with no specific measures to address the decline in tax revenues, wreaking havoc in the financial market.
UK Treasury prices plummeted in anticipation of a surge in government bond issuance for finance and the pound plunged to record lows.
Prime Minister Truss was sacked 38 days after appointing Treasury Secretary Quozi Kwateng as responsible for the failure of the tax cut policy.
[리즈 트러스 / 영국 총리 : 오늘 이른 아침 전임 재무장관을 만났습니다. 그가 잃어 믿을 수 없을 만큼 슬펐습니다.]
Prime Minister Truss has appointed former Foreign Minister Jeremy Hunt as the new Treasury Secretary.
New Treasury Secretary Hunt supported Truss’s rival, former Treasury Secretary Rishi Sunak, in the latest Conservative Party leadership election.
As the financial market fluctuated after the recent tax cut announcement, he took the lead in criticizing Prime Minister Truss.
I’m Lee Jong-soo from YTN.
YTN Jongsoo Lee ([email protected])
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