Rishi Sunak’s pledge to cut taxes is “the greatest fairytale,” a prominent ally of Liz Truss said as the two Conservative leadership campaigns clashed.
Senior minister Jacob Rees-Mogg criticised Sunak’s promise to cut the basic rate of income tax from 20p to 16p by 2029 with just over a month remaining before a new Tory leader and Prime Minister is announced. Former Chancellor Sunak is hoping to make up ground on Truss during a key week in the leadership contest, with a hustings on Monday night and three head-to-head clashes over the coming days.
As well as hustings on Wednesday and Friday, the two contenders to replace Boris Johnson will also face off in a Sky TV debate on Thursday. Sunak’s campaign had hoped his pledge to cut income tax would boost his chances as Tory Party members receive their postal votes.
