U.K.'s Boris Johnson Announces $17 Billion Tax Hike

The video discusses the government's measures to protect assets up to £100,000, a significant increase from the previous threshold of £23,000. It highlights the progressive nature of these measures, with wealthier individuals bearing a larger tax burden. The government has committed £407 billion to support jobs and livelihoods during the pandemic, and now aims to responsibly fund the NHS.

What is the new asset protection limit set by the government?

• £100,000

• £50,000

• £200,000

• £23,000

What is the new minimum threshold before one can be asked to pay?

• £25,000

• £10,000

• £20,000

• £14,000

Which organization described the threshold adjustment as progressive?

• United Nations

• World Bank

• Institute for Fiscal Studies

• International Monetary Fund

What percentage of the wealthiest population will pay at least half of the tax burden?

• 20%

• 25%

• 10%

• 14%

How much has the government committed financially during the pandemic?

• £100 billion

• £407 billion

• £250 billion

• £500 billion