The post Latest Step In The Disturbing Decline Of The Once Great U.K. appeared on BitcoinEthereumNews.com. British Prime Minister Keir Starmer. (Photo by Benjamin Cremel – WPA Pool/Getty Images) Getty Images Given how much our political, legal and economic institutions owe to the influence of Great Britain, the startling degeneration of our mother country takes on special significance—and worry. The government’s just-unveiled budget is the latest example of how this once influential nation is falling apart. The budget is a blueprint for stagnation. Taxes are going up yet again, with scores of increases of all kinds. Individual income tax brackets will not be indexed for inflation. The more inflation, the bigger the tax burden on wage earners. The amount of tax-free contributions people can make to their private retirement funds will be slashed. Higher-priced houses will face a new property tax. Exactions on dividends and interest payments for upper-income folks will go up. The level of deductions for certain business investments will be reduced. A special capital gains penalty will be applied to entrepreneurs who sell their businesses to their employees. Where in the world did that idea come from? There will even be a levy on milkshakes. Tax revenues are slated to reach 38% of GDP by 2030, the highest ever. Spending outlays are reaching French-like levels. No wonder economic growth is almost nonexistent. Normally, under such circumstances officials would be rolling out cuts in tax rates and incentives for saving and investing to fire up the economic engine. But Britain’s slide is not just economic. Amazingly, the country of the Magna Carta is moving to get rid of trials by jury, except for the most egregious of crimes, such as murder and rape. Ostensibly, this is being done to reduce the English courts’ backlog of cases. The reality is that this removes a fundamental barrier to government tyranny. It was the British authorities’ limiting… The post Latest Step In The Disturbing Decline Of The Once Great U.K. appeared on BitcoinEthereumNews.com. British Prime Minister Keir Starmer. (Photo by Benjamin Cremel – WPA Pool/Getty Images) Getty Images Given how much our political, legal and economic institutions owe to the influence of Great Britain, the startling degeneration of our mother country takes on special significance—and worry. The government’s just-unveiled budget is the latest example of how this once influential nation is falling apart. The budget is a blueprint for stagnation. Taxes are going up yet again, with scores of increases of all kinds. Individual income tax brackets will not be indexed for inflation. The more inflation, the bigger the tax burden on wage earners. The amount of tax-free contributions people can make to their private retirement funds will be slashed. Higher-priced houses will face a new property tax. Exactions on dividends and interest payments for upper-income folks will go up. The level of deductions for certain business investments will be reduced. A special capital gains penalty will be applied to entrepreneurs who sell their businesses to their employees. Where in the world did that idea come from? There will even be a levy on milkshakes. Tax revenues are slated to reach 38% of GDP by 2030, the highest ever. Spending outlays are reaching French-like levels. No wonder economic growth is almost nonexistent. Normally, under such circumstances officials would be rolling out cuts in tax rates and incentives for saving and investing to fire up the economic engine. But Britain’s slide is not just economic. Amazingly, the country of the Magna Carta is moving to get rid of trials by jury, except for the most egregious of crimes, such as murder and rape. Ostensibly, this is being done to reduce the English courts’ backlog of cases. The reality is that this removes a fundamental barrier to government tyranny. It was the British authorities’ limiting…

Latest Step In The Disturbing Decline Of The Once Great U.K.

2025/12/02 20:13
3 min di lettura
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.

British Prime Minister Keir Starmer. (Photo by Benjamin Cremel – WPA Pool/Getty Images)

Getty Images

Given how much our political, legal and economic institutions owe to the influence of Great Britain, the startling degeneration of our mother country takes on special significance—and worry.

The government’s just-unveiled budget is the latest example of how this once influential nation is falling apart. The budget is a blueprint for stagnation. Taxes are going up yet again, with scores of increases of all kinds. Individual income tax brackets will not be indexed for inflation. The more inflation, the bigger the tax burden on wage earners. The amount of tax-free contributions people can make to their private retirement funds will be slashed. Higher-priced houses will face a new property tax. Exactions on dividends and interest payments for upper-income folks will go up. The level of deductions for certain business investments will be reduced. A special capital gains penalty will be applied to entrepreneurs who sell their businesses to their employees. Where in the world did that idea come from? There will even be a levy on milkshakes.

Tax revenues are slated to reach 38% of GDP by 2030, the highest ever. Spending outlays are reaching French-like levels. No wonder economic growth is almost nonexistent. Normally, under such circumstances officials would be rolling out cuts in tax rates and incentives for saving and investing to fire up the economic engine.

But Britain’s slide is not just economic. Amazingly, the country of the Magna Carta is moving to get rid of trials by jury, except for the most egregious of crimes, such as murder and rape. Ostensibly, this is being done to reduce the English courts’ backlog of cases. The reality is that this removes a fundamental barrier to government tyranny. It was the British authorities’ limiting this right in the 1770s that helped ignite the American Revolution. The right to trial by jury is spelled out in our Constitution.

Another shocking assault on liberty is Britain’s curtailing of free speech. London has criminalized online speech that is deemed offensive. Thousands of arrests take place each year for alleged speech violations. It’s not unusual for the police to come into the homes of suspected offenders. Conformity to the woke nostrums of cultural extremists is being enforced by the state.

Could such things happen here? Fortunately, we have a constitution that explicitly protects free speech and trial by jury. Britain’s constitution is unwritten. In the U.S. there has been strong pushback against such destructive tendencies: not allowing men to compete in women’s sports, the slashing of taxes in Republican-leaning states, and the Trump Administration has been scaling back regulations and easing the tax burden.

If the Democratic Party, which is dominated by the far-left, gets back into power, there will be a full-throated attempt to turn back the clock and follow the hideous example of Britain. The Democrats will pack the Supreme Court with new justices willing to gut the Constitution.

What’s happening in Britain should be a warning to those who cherish liberty.

Source: https://www.forbes.com/sites/steveforbes/2025/12/02/latest-step-in-the-disturbing-decline-of-the-once-great-uk/

Opportunità di mercato
Logo Union
Valore Union (UNION)
$0.0006792
$0.0006792$0.0006792
-0.84%
USD
Grafico dei prezzi in tempo reale di Union (UNION)
Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.

USD1 Genesis: 0 Fees + 12% APR

USD1 Genesis: 0 Fees + 12% APRUSD1 Genesis: 0 Fees + 12% APR

New users: stake for up to 600% APR. Limited time!