BORIS £460 TAX CUT FOR ALMOST ALL
PM leaks Tory pledge
BORIS Johnson let slip a Tory pledge to cut taxes by around £460 a year for almost all workers.
The Prime Minister blurted out the new promise in the middle of a question-and-answer session with workers at an engineering plant in Middlesbrough, Teesside.
He told staff the Conservative party had a policy of “low tax for the working people”.
The Tory leader added: “We are going to be cutting National
Insurance up to £12,000. We are going to be making sure we cut business rates for small businesses. We are cutting tax for working people.”
Afterwards aides said the idea was to raise the threshold for making NI payments to £12,500, not the £12,000 the PM stated.
The income threshold for contributions stands at £8,632 and if the Tories follow through, it would save £460 a year for anyone earning more than £12,500.
Mr Johnson later said the move would be done in stages, up to £9,500 first.
Shadow chancellor John McDonnell branded it a blow to public services after “10 years of cruel cuts”.
He added: “Independent experts have said this will cost up to £11billion so everyone who relies on public services will be wondering whether they will be paying the price.”
ON VISIT: Johnson