The Latest Breaking News from Tax Cuts

Former chancellor blasts foreign secretary’s focus on tax cuts as ‘moral failure’

The ongoing Conservative Party leadership hustings haven’t seen much agreement between candidates, but they have resulted in the creation of a new political narrative: “Gordon Brown economics”. Foreign secretary Liz Truss explained away her rejection of cost of living “handouts” for households with the phrase. But even as she indicated…

Consumer rights campaigner tells Tory contenders they need to tell public ‘the bare minimum’ of what they will do

Union warns workers being ‘cast adrift’ as Tory leadership contenders haggle over tax cuts

Corporations will pay nearly $296 billion more in U.S. federal taxes over the next decade, and middle-income households will see some tax cuts, under the tax-and-climate bill that is likely to become law in the coming days.

The Tory leadership contender said tax cuts are her priority to kick-start the economy.

Foreign secretary previously said she did not want to give ‘handouts’ to people struggling with cost of living

Foreign secretary promises tax cuts ‘from day one’ if she becomes PM

Liz Truss, the frontrunner in the race to replace Boris Johnson as British Prime Minister, said on Tuesday she still favoured tax cuts to grow the economy instead of providing direct support to households facing unprecedented rises in energy bills.