UK Truss’ tax cuts have been compared to ‘Reaganomics.’ But there are differences

Truss is a staunch advocate for a number of core themes of Reaganomics, and has co-authored a book, along with other Conservative MPs, bemoaning weak British productivity and arguing for reduced regulation, public spending and lower taxes.

Indeed, on the campaign trail this summer, Truss made clear that tax cuts would be the platform she ran on. She has, in the past, tweeted about the Laffer Curve — the 1974 bell-curve analysis that has been used to argue that cutting taxes can lead to greater tax revenues.

As Britain panicked over an upcoming massive rise in energy bills, Truss insisted that lowering taxes would be a key way to cushion households and businesses from the blow. She has also repeatedly stressed that her priority as leader would be boosting U.K. economic growth, which has been sluggish for decades.