The chancellor says he wants to cut taxes - but figures how taxes have risen under his watch.
show how far taxes have risen under Boris Johnson as prime minister and during the Conservatives' time in power since 2010.
There are many caveats to these broad headline figures, not least the pandemic which prompted huge state intervention and the fact that Boris Johnson's government may yet cut taxes on several fronts. Rishi Sunak has said that while he "firmly believes in cutting taxes", he had to take "difficult decisions" to get the economy back on track post Covid.
"There were already various pressures to spend more, including to provide more healthcare for an ageing population, to meet the net zero pledge and to achieve the levelling-up agenda.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Spring Statement: Borrowing figures give Rishi Sunak 'wiggle room'One influential economist says government borrowing this year could be about £25bn less that expected.
Weiterlesen »
Rishi Sunak handed borrowing boost before spring statementFigures could improve chances of tax cuts, but inflation drives up cost of government debt
Weiterlesen »
Spring Statement: Will Rishi Sunak help where it really hurts?Don't roll the drums for big financial drama when the chancellor delivers his speech on Wednesday.
Weiterlesen »
Don’t expect much from Rishi Sunak’s Spring StatementThe chancellor does not want expanded spending to define him, says our economics editor.
Weiterlesen »