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The Latest Breaking News from Tax Cuts

Back Rishi or ‘shut up’, Liz Truss told, as Tory grandees fear grandstanding will hurt them at the polls

Ex-PM told her plans to back tax cuts at party conference are ‘total and utter disgrace. How dare she?’

The Independent UK

Sunak claims cutting inflation ahead of tax cuts the Thatcherite and ‘deeply Conservative’ thing to do

The Prime Minister suggested his approach is in line with ‘great Conservative governments’ of the past

Evening Standard

Sunak defends focus on halving inflation amid Tory clamour for tax cuts

The Prime Minister suggested his approach is in line with ‘great Conservative governments’ of the past.

The Independent UK

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Michael Gove calls for tax cuts ahead of the next election despite Chancellor ruling them out

Michael Gove has called for tax cuts ahead of the next election despite the Chancellor ruling them out.

Evening Standard

Rishi Sunak promises to use Tory conference to set out long-term vision for UK

The Prime Minister is set to face questions over the future of HS2 and further calls to set out tax cuts while in Manchester.

The Independent UK

Hunt tries to calm Tory rebels by pledging end to ‘vicious circle’ of tax rises

Liz Truss joins rebels in vowing to vote against any tax rise in Hunt’s mini-Budget

The Independent UK

UK welfare budget could be cut to pave way for tax cuts, says Jeremy Hunt

Chancellor says system has to be ‘mix of carrot and stick’ with more assistance to help people find jobs

The Guardian - UK

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Jeremy Hunt says welfare reforms and AI could help end ‘ever-rising taxes’

Chancellor under pressure from Conservative MPs to announce tax cuts ahead of next election

The Independent UK

Chancellor says welfare reforms and AI could help end ‘ever-rising taxes’

Jeremy Hunt is under pressure from Conservative MPs to announce tax cuts ahead of the next election.

The Independent UK

Economic boost for Sunak - but fresh tax cuts calls erupt

Economy grew much more than expected at the start of the year

The Independent UK

Treasury minister rules out tax cuts amid Tory warning over burden on Britons

Andrew Griffith defended the Government as experts said parliament will have presided over the biggest set of tax rises since the 1940s.

The Independent UK

Minister raises hopes of pre-election tax cuts next year

But Andrew Griffith stresses that the focus ‘right now’ must be on cutting inflation

Evening Standard

National's fiscal plan doesn't answer tax cut questions

National may have hoped its detailed fiscal plan would put to bed the lingering questions about how it will pay for its tax cuts, but there are no satisfactory answers in sight.

Newsroom.co.nz

NZ Labour likens Luxon to Eddie Jones in fiscal fight

New Zealand's Opposition National party has released its alternative budget, promising more disciplined spending to pay for income tax cuts.

AAP

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Zenger

US Government Debt Hits Record High Amid Deadlock Battle Over Spending

Tax cuts under Bush and Trump administrations contribute to $33 trillion debt, risking government shutdown

The Independent UK

Government minister says inheritance tax is ‘deeply unfair’ as Sunak ‘plans to scrap’ levy

Rishi Sunak is said to be preparing to announce a cut in the levy – or even scrap it altogether

The Independent UK

Tax cuts ‘virtually impossible’, says Jeremy Hunt in major blow for Tory right

Chancellor insists he still faces ‘very difficult decisions’ at Budget despite better economic news

Fortune

This generation of politicians has killed fiscal responsibility–but millennials and Gen Zers will be the ones who pay the price

During the next presidential term, publicly held debt is projected to exceed its Second World War highs.

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Evening Standard

Jeremy Hunt may get ‘wiggle room’ for pre-election tax cuts after lower public borrowing than forecast

Chancellor Jeremy Hunt may get some “wiggle room” for pre-election tax cuts after lower public borrowing than forecast.

The Independent UK

Liz Truss urges PM to cut taxes and ditch some green commitments

The former PM concedes that she and Kwarteng were in a ‘rush’ to get ‘results’

The Independent UK

Unfair to call my mini-budget tax cuts unfunded, Truss to claim

The former PM will urge the Government to cut taxes, shrink welfare spending and raise the retirement age in a speech explaining her economic vision.

The Guardian - AU

New Zealand voters search for relief from ‘shocking’ living costs as election looms

Tax cuts and cheaper fruit among Labour and National party plans to address rising cost of living pressures as people once comfortable are swept into crisis

Salon

Trump plots tax cuts as poverty rises

Trump and his advisors are setting sights on an aggressive tax cut plan to push during his 2024 campaign

The Independent UK

State pension to rise due to record wage growth but Jeremy Hunt warns tax cuts ‘unlikely’

The bumper wage growth will also pile pressure on the Bank of England to raise interest rates yet again later this month

The Guardian - UK

Robbing the poor to fund tax cuts for the rich – Britain is a Tory test lab for a new rightwing populism

Freezing benefits in order to slash taxes for wealthy voters? It’s nakedly obvious who this government really cares about, says Guardian columnist Owen Jones

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