Tax Down News Today : Breaking News, Live Updates & Top Stories | Vimarsana

let's take you through what today will look like. the current prime minister, liz truss, held her fourth and final cabinet meeting starting about an hour ago. she is due to make a statement outside number 10 at around 10:15, before travelling to buckingham palace for an audience with king charles. after this, rishi sunak will head to the palace, where he'll be invited to form a government. then it's back to downing street, and the new prime minister will address the nation at around 11:35. and over the next 2a hours, we can expect to see a trickle of cabinet appointments which will s...

Their own legacy. it is going to be very hard for liz truss to do that. she might talk about national insurance, the fact they reversed the rise. she might talk about energy costs and the fact a cap was put on the price. but let's face it, the big things that liz truss wanted to do seven weeks ago, growing the economy, bringing tax down, rewriting the economic rule book, they have not worked and this premiership is ending in failure. i5 premiership is ending in failure. is there any element of sympathy on a personal level for her to there is lots of anger, given that people say she put in plac...

Obamacare next year. >> gregg: pat? >> it is a potential game-change your and the reason is it but democratic incumbents who voted for the law in the question of, were you part of the misleading of us or will you take the tax down, if pressed on it. it is hard, an issue that galvanizes to the other side and races like virginia where allen has had a hard time fighting a campaign against the former chairman, of the dnc, tim kaine, and that changes the race and in may, tim kaine, who everybody says he'll win and is supporting obama and now the question, it gives openings republicans didn't have i...

>> that is so scary. >> it's 91%. and -- >> that was the eisenhower years but he transitioned out of that. >> right, it continued on. i think it was a 91% rate through 1963. the marginal tax rate at the top was 94%. for the top wage earners in this country. >> actually -- >> can you imagine? >> to be fair and balanced, the richest people in america are paying less taxes if you equate it with time as well. they paid -- the 400 highest income earners averaged $345 million. they paid 17% tax down from 26% in 1992 so it appears to be doing this and then that brings you back to the argument of even...