The Foreign Secretary knows that she is being played off by them against the Chancellor. They know she knows. And she knows they know she knows.
Posts Tagged: Tax Cuts
Richard Holden: The Chancellor’s coming Budget should cut high marginal tax rates. More work should mean more reward.
A basic rule of thumb comes to mind and seems universally accepted: you should be able to keep at least half of every extra pound you earn.
Johnson, Sunak, tax and spending. The former strains to soar skywards. The latter keeps tugging him back to earth.
Conservative governments can raise tax rates temporarily as part of a clear plan – which wasn’t the case with last week’s announcement.
The centre isn’t where he or ConservativeHome or anyone else wants it to be. It’s where it is – “Far From Notting Hill”.
The Government can’t deliver levelling up without more supply-side change, localism and public service reform.
Ryan Bourne: Calm down, stay cool – and drop this talk of tax rises. It’s too early to know how everything will settle down.
It’s baffling why think-tanks are taking the OBR assessments as truth, given its prediction record.
Before pumping more funding into the public sector, we must restore the habit of making sure we have the money in the bank before we start spending it.
There is deprivation and lower educational attainment in the southern new towns, coastal communities, inner cities and rural coldspots.
Ryan Bourne: If you want to feed hungry children, don’t target food poverty. Aim to reduce poverty as a whole.
Together with tax cuts and less regulation, higher or more extensive benefits look like better support for hungry children than vouchers.
Why the obsessive focus on new tax rises when we need proper spending control – in the form of a real zero-based review?
The Treasury should hold one as the year rolls on, along the lines of that undertaken by Canada’s government during the 1990s.
The Chancellor is groping his way, knowing well that the future is unknowable, trying to hold on to as much of the past as he can.
Sunak’s statement tomorrow. How much like the Old Normal can we afford to make the New Normal be – or try to?
Given the Coronavirus uncertainties, whatever he announces could be even more provisional than most schemes of most Chancellors.
Charlotte Pickles: Ten million people are at risk of becoming unemployed. They must be Sunak’s priority this week.
The Chancellor should use his statement on Wednesday to announce a comprehensive and ambitious plan to counter the threat.
This is the second in a three-part series on how to boost our economy after Coronavirus.
“Take a method and try it. If it fails, admit it frankly and try another. But above all, try something.”
The big picture is that Johnson is dashing for growth. We devoutly hope it works but the precedents aren’t promising.