The UK’s proposed Digital ID program, known as BritCard, has been officially canceled, with its $2.4 billion budget redirected to reduce VAT on electricity bills.
The British government’s proposed Digital ID program, known as BritCard, has been officially canceled, with its $2.4 billion budget redirected to reduce VAT on electricity bills. PULSE POINTS WHAT HAPPENED: Former British Prime Minister Keir Starmer ‘s proposed national digital identity program, known as BritCard, has been scrapped by new Prime Minister Andy Burnham , with ministers saying the move will help fund the removal of Value Added Tax (VAT) on domestic electricity bills beginning October 1. New Chancellor of the Exchequer (Treasury Secretary) John Healey said canceling the Digital ID program, previously estimated to cost the equivalent of $2.4 billion over three years, would finance the tax cut, which will also apply to…Open
Prime Minister Andy Burnham moved quickly to confront the high cost of living. And President Trump wished him well after a phone call between the two leaders.
As Margaret Thatcher once said, the problem with socialists is that they always run out of other people’s money. The post Does the UK Government Understand How Money Works? appeared first on The American Conservative .
Takimag Does the UK Government Understand How Money Works? As Margaret Thatcher once said, the problem with socialists is that they always run out of other people’s money. TakiMag Nobody in the United Kingdom can do arithmetic these days—especially not when it comes to the nation’s supermarkets. I once observed with amusement a shopper in the line ahead of me confused over a “Buy One, Get One Free” offer. The shopper had only brought one of said items to the checkout desk. The girl on duty mentioned the sale. “I know,” replied the woman. “But I don’t want two of them. So I’ve chosen to get the one I’ve…Open