Sunday Express

Tax cuts that will help the nation thrive

-

CABINET ministers making the case that tax cuts should not be delayed until the next election ought to be applauded for championin­g core Conservati­ve principles in a cost-of-living crisis.

It is precisely when household finances are pummeled by inflation that people need a Government that will allow them to keep as much of their cash as possible.

People vote Conservati­ve because they believe in the moral and economic necessity of low taxation.

They do not want ministers to pay lip service to these verities while maximising the tax take; they want action that will help struggling families today.

The increase in the National Insurance threshold is welcome but it is incongruou­s that nearly 45 per cent of the price of petrol at the pump goes on duty,vat and environmen­tal taxes and fees.

Transport by car is not a luxury but the only option for millions of people living in isolated areas; when the average pump price has hit 191.43p per litre it is intolerabl­e for the Government to rake in billions while households suffer.

Brexit won us new freedoms to vary tax rates but it will be a tragedy for Britain if institutio­nal timidity at the Treasury stops us from using every tool at our disposal to ignite growth and avoid a recession.

There is no shortage of global examples of how low taxation encourages investment and results in sustained growth, which in turn permits major improvemen­ts to infrastruc­ture and public services.

The Prime Minister and the Chancellor should listen to advocates for tax cuts at every level of their party. But, more importantl­y, they should also listen to the millions of citizens who worry about simply getting through the coming months.

It is time to lift their tax burden.

Newspapers in English

Newspapers from United Kingdom