3min chapter

GoodFellows: Conversations from the Hoover Institution cover image

The “BYO” Show: China, Iran, and Truss (but Vilify) | GoodFellows: John Cochrane, Niall Ferguson, H. R. McMaster | Hoover Institution

GoodFellows: Conversations from the Hoover Institution

CHAPTER

Margaret Thatcher's Tax Cuts - It Wasn't Thatcherrism at All

Liz Truss came to power with the support of members of the Conservative Party. She sold herself as the new Thatcher, just like Boris Johnson was supposed to be the new Winston Churchill. And she turned out even quicker to be a fake Thatcher. The lower marginal tax rates would have been a good thing.

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