UK Politics

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Sunak says he wants to reduce workers’ taxes this year and may cut benefits (www.theguardian.com)

submitted 11 months ago by GreyShuck@feddit.uk to c/uk_politics@feddit.uk

9 comments fedilink hide all child comments

Rishi Sunak has said he wants to cut taxes for working people further this year, possibly cutting welfare payments to fund it.

The prime minister said on Sunday his priority before the budget in March would be further tax cuts, which he said would entail stricter controls on public spending and benefits.

His comments set up the possibility of an income tax cut in March, what is likely to be the last major tax decision by the chancellor before the general election.

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[–] Lifebandit666@feddit.uk 36 points 11 months ago (2 children)

I have an idea:

Why not try closing the intentional tax loopholes that allow massive companies to offshore profits before they're taxed on them?

The answer is because it's the same loopholes that the MPs use to offshore our taxes that they've siphoned into their own pockets.

[–] catch22@startrek.website 15 points 11 months ago

The UK actually agreed to shoot itself in the face with Brexit to keep those tax loopholes

https://www.theguardian.com/politics/2016/apr/07/david-cameron-offshore-trusts-eu-tax-crackdown-2013

Rat face and melon head are just a few of the vermin in the Tories, yet the UK public gobble their shit up regardless

[–] throw4w4y5@sh.itjust.works 11 points 11 months ago

this is 100% a scheme to fuck the labour party who are likely to win the next election. It will force them to either immediately raise taxes on working people to revert the tax, take on more debt to keep the tax but restore the benefits, or abandon the poor and keep the tax cut as is.

it’s using poor, disabled, single parents and other vulnerable members of society as political cannon fodder and it’s fucking disgusting, but sadly par for the course with this government.