What a good idea, a tax cut to address high inflation

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”Chancellor announces new Growth Plan with biggest package of tax cuts in generations”
https://www.gov.uk/government/news/...th-biggest-package-of-tax-cuts-in-generations

Inflation is largely due to too much money in circulation, so how is a tax cut a good idea? The right just can’t comprehend the fact that tax cuts aren’t the remedy for everything?


“S&P cuts UK rating outlook after tax cut plan”
https://www.reuters.com/world/uk/sp-cuts-outlook-uk-rating-negative-stable-2022-09-30/

“Moody's warns UK unfunded tax cuts are 'credit negative”
https://www.reuters.com/world/uk/moodys-warns-uk-unfunded-tax-cuts-are-credit-negative-2022-09-28/

”U.K.’s Sweeping Tax Cuts Send Pound Tumbling”
https://www.wsj.com/articles/u-k-announces-package-of-sweeping-tax-cuts-11663926079
 
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