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.

For feedback or concerns regarding this content, please contact us at 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/

Market Opportunity
Union Logo
Union Price(U)
$0.0009009
$0.0009009$0.0009009
-9.00%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CME Group to launch options on XRP and SOL futures

CME Group to launch options on XRP and SOL futures

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…
Share
BitcoinEthereumNews2025/09/18 00:56
Why YouCam AI API is the Secret Weapon for E-Commerce Startups

Why YouCam AI API is the Secret Weapon for E-Commerce Startups

 The New Standard of Personalized Shopping In an era where digital engagement dictates market share, the transition from “browsing” to “buying” depends on confidence
Share
Techbullion2026/03/25 14:34
Resilient Pair Softens Below 111.00 Amidst Prevailing Bullish Momentum

Resilient Pair Softens Below 111.00 Amidst Prevailing Bullish Momentum

The post Resilient Pair Softens Below 111.00 Amidst Prevailing Bullish Momentum appeared on BitcoinEthereumNews.com. AUD/JPY Price Forecast: Resilient Pair Softens
Share
BitcoinEthereumNews2026/03/25 14:01