Rishi Sunak refuses to commit to pre-election tax cuts- QHN

Rishi Sunak has told the BBC he wants to cut taxes – but declined to say whether he would before the next general election.

His comments came after cabinet minister Michael Gove told Sky News he wanted taxes cut before an election.

Instead, Mr Sunak said that his priority was curbing inflation and easing living costs.

Instead, Mr Sunak said that his priority was curbing inflation and easing living costs.

Tax levels in the UK are at their highest since records began 70 years ago and are unlikely to come down soon, a leading think tank, the Institute for Fiscal Studies, said this week.

Former Prime Minister Liz Truss and her allies are among Tory MPs who have called for tax cuts. But Chancellor Jeremy Hunt – who will set out his economic plans in his Autumn Statement in November – said last week that tax cuts were “virtually impossible” at present.

In an interview with the BBC’s Sunday with Laura Kuenssberg, Mr Sunak was asked three times whether he would commit to lowering taxes before the next election, which is expected next year.

Mr Sunak – at his first conference as party leader – said that as a Conservative, he wanted to cut taxes, but gave no detail on when he would do so.

The prime minister said he thought halving inflation – the rate at which prices are rising – by the end of this year was the “best tax cut” he could deliver.

Rishi Sunak has told the BBC he wants to cut taxes – but declined to say whether he would before the next general election.

Instead, Mr Sunak said that his priority was curbing inflation and easing living costs.

His comments came after cabinet minister Michael Gove told Sky News he wanted taxes cut before an election.

Tax levels in the UK are at their highest since records began 70 years ago and are unlikely to come down soon, a leading think tank, the Institute for Fiscal Studies, said this week.

Instead, Mr Sunak said that his priority was curbing inflation and easing living costs.

Instead, Mr Sunak said that his priority was curbing inflation and easing living costs.

Tax levels in the UK are at their highest since records began 70 years ago and are unlikely to come down soon, a leading think tank, the Institute for Fiscal Studies, said this week.

Former Prime Minister Liz Truss and her allies are among Tory MPs who have called for tax cuts. But Chancellor Jeremy Hunt – who will set out his economic plans in his Autumn Statement in November – said last week that tax cuts were “virtually impossible” at present.

In an interview with the BBC’s Sunday with Laura Kuenssberg, Mr Sunak was asked three times whether he would commit to lowering taxes before the next election, which is expected next year.

Mr Sunak – at his first conference as party leader – said that as a Conservative, he wanted to cut taxes, but gave no detail on when he would do so.

The prime minister said he thought halving inflation – the rate at which prices are rising – by the end of this year was the “best tax cut” he could deliver.

#Rishi #Sunak #refuses #commit #preelection #tax #cuts

Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))