Boris Johnson’s tax-cut idea is gaining traction among skeptics.
In order to pacify Boris Johnson’s critics, a tax-cut plan will be ready for the next election.
As Chancellor Rishi Sunak revealed a £500 million jobs package to keep the over-50s employed, a Cabinet insider confirmed the Prime Minister’s intentions.
Mr Johnson attempted to assuage Tory concerns over the recent National Insurance increase by pledging to do everything in his power to prevent any further increases in family and business taxes during his administration.
“If I can possible avoid it, I do not want to raise taxes again,” he stated.
And, according to a Cabinet source, the Prime Minister and the Chancellor intend to resume their tax-cutting plans by the next election, which is likely in 2023 or 2024.
“We want to get back on track with tax cuts,” the person stated.
Ministers are reportedly bracing for the Chancellor’s spending round at the end of the month to penalize Whitehall budget settlements in order to make room for tax cuts near the end of the current parliamentary term.
In a furious interview on the BBC’s The Andrew Marr Show to mark the commencement of the Tory conference in Manchester yesterday, Mr Johnson defended his tax record.
“I can assure you that you will not find a more ferocious and fanatical opponent of unwarranted tax increases than me,” he stated.
“However, we have had to cope with a pandemic on a magnitude that our country has never seen in our lifetimes or for a long period.”
Treasury sources yesterday dismissed rumours that the PM and Mr Sunak had reached an agreement on a tax cut “pact.”
What’s going on in your neighborhood? You can find out by entering your postcode or going to the website. InYourArea According to a Treasury source, “I don’t believe Rishi or the Prime Minister are considering tax cuts at this time.” As Tory Party officials gathered in Manchester for their annual conference, top backbenchers argued that the party must try to reclaim its image as the party of low taxes.
Last night, senior Tory backbencher Graham Brady fired a warning shot at the Prime Minister and the Chancellor, demanding for a tax-cut proposal to be unveiled “far before” the next election.
Allowing people to “keep more of their own money” is a “natural conservative impulse,” according to the chairman of the Conservative 1922 Committee.
“One,” he said during a fringe meeting of the Tory convention. “Brinkwire Summary News.”