The British government may need to increase taxes by over £40 billion per year in order to prevent the debt accrued during the China virus lockdowns from “spiralling upwards”, the Institute for Fiscal Studies (IFS) warned in a report. The think tank’s report suggested that a decrease in tax revenue combined with record peacetime spending will force the government to either decrease spending — an unlikely proposition — or increase taxes, in a move that would fly in the face of the 2019 Conservative Party manifesto. The IFS forecast that the deficit will reach £350 billion this year, representing 17 per cent of British GDP and more than six times initially projected in the March budget. Tax Rises or Cuts? UK Government Faces Dilemma Over How to Pay for Coronavirus Spending https://t.co/p35LQ0nRE6 — Breitbart London (@BreitbartLondon) May 14, 2020 “Even a government content to keep debt constant at 100% of national income, and borrowing at around £80bn a year, would, … [Read more...] about UK Facing Massive Tax Hikes Following COVID Spending Spree, Warns Think Tank, As Unemployment Rises
2024 frontrunner nomination
Kiz: Look around the Nuggets’ bandwagon and there’s an empty feeling. When guard Jamal Murray went down with a knee injury, all the cool kids jumped off. No smart basketball analyst is picking Denver to win the NBA championship now. The bandwagon is not only empty, it’s sputtering. But as you well know, I always walk on the sunny side of the street. The good news? There’s now a good seat available next to Nikola Jokic on the 5280 Wagon. How far can Joker take the Nuggets in the playoffs? Singer: Writing off the Nuggets’ chances of making a significant run in this year’s postseason would be akin to assuming they’d already checked out of their hotels when they were down 3-1 to Utah last year. Or the Clippers, for that matter. Murray’s torn ACL puts a significant damper on the season and probably eliminates their budding title chances. I learned my lesson last postseason, though. As long as the MVP frontrunner remains available to play, the Nuggets have a chance. Kiz: Being the … [Read more...] about Kiszla vs. Singer: How far can Nuggets go in NBA playoffs without Jamal Murray?
(CNN) The Academy of Country Music Awards, celebrating the best in country music, were presented Sunday in Nashville. Luke Bryan won entertainer of the year, but he was unable to attend due to testing positive for Covid-19 last week. Maren Morris and Chris Stapleton, who led in nominations going into the night, also took home top prizes. Keith Urban and "Black Like Me Singer" Mickey Guyton co-hosted the event. Below is a full list of nominees with winners indicated in bold. Entertainer of the Year Read More Luke Bryan *WINNER Eric Church Luke Combs Thomas Rhett Chris Stapleton Female artist of the year Kelsea Ballerini Miranda Lambert Ashley McBryde Maren Morris *WINNER Carly Pearce Male artist of the year Dierks Bentley Luke Combs Eric Church Thomas Rhett *WINNER Chris Stapleton Duo of the year Brooks & Dunn Brothers Osborne Dan + Shay *WINNER Florida Georgia Line … [Read more...] about ACM Awards 2021: See who won at the ACM Awards