Chancellor Jeremy Hunt has said he wants to move towards lower taxes, but will only do so in “a responsible way”.
He told the BBC it would be “unconservative” to cut taxes by increasing borrowing.
Mr Hunt is under pressure from some Tory MPs to reduce taxes in Wednesday’s Budget, ahead of a general election that must take place by January.
Mr Hunt is under pressure from some Tory MPs to reduce taxes in Wednesday’s Budget, ahead of a general election that must take place by January.
In an interview with the BBC’s Sunday with Laura Kuenssberg programme, Mr Hunt said the Budget, when the government’s sets out its plans for tax and spending, would be about “long-term growth”.
He said he also hoped to “show a path” towards a lower-tax economy.
“We’ve been very consistent, that we would only cut taxes in a way that was responsible and prudent,” he said.
“The most unconservative thing I could do would be to cut taxes by increasing borrowing.”
Chancellor Jeremy Hunt has said he wants to move towards lower taxes, but will only do so in “a responsible way”.
Mr Hunt is under pressure from some Tory MPs to reduce taxes in Wednesday’s Budget, ahead of a general election that must take place by January.
He told the BBC it would be “unconservative” to cut taxes by increasing borrowing.
In an interview with the BBC’s Sunday with Laura Kuenssberg programme, Mr Hunt said the Budget, when the government’s sets out its plans for tax and spending, would be about “long-term growth”.
Mr Hunt is under pressure from some Tory MPs to reduce taxes in Wednesday’s Budget, ahead of a general election that must take place by January.
Mr Hunt is under pressure from some Tory MPs to reduce taxes in Wednesday’s Budget, ahead of a general election that must take place by January.
In an interview with the BBC’s Sunday with Laura Kuenssberg programme, Mr Hunt said the Budget, when the government’s sets out its plans for tax and spending, would be about “long-term growth”.
He said he also hoped to “show a path” towards a lower-tax economy.
“We’ve been very consistent, that we would only cut taxes in a way that was responsible and prudent,” he said.
“The most unconservative thing I could do would be to cut taxes by increasing borrowing.”
#cut #taxes #responsible #Hunt
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