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 Tax Cuts
Topic Originator: Buspasspar  
Date:   Thu 1 Feb 09:33

Sh1te or Orange ? which one ?

19 January 2024

The Chancellor, Jeremy Hunt, has given strong hints that he wants to cut taxes in the spring Budget.

Mr Hunt said that countries with lower taxes have more "dynamic, faster growing economies".

In the Autumn Statement, the chancellor reduced national insurance for workers by 2% and announced tax relief for businesses.

If inflation falls, followed by lower interest rates, Mr Hunt may consider he has scope for further tax cuts.

27th January 2024

Promises of tax cuts during general election campaigns may have to be rolled back as the UK economy faces some of its worst problems since the 1950s, a leading think tank has said.

"Tax cuts today add to the risk of tax rises or spending cuts tomorrow," the Institute for Fiscal Studies said.

Politicians need to be honest about tough economic trade-offs, it added.

1st February 2024

Jeremy Hunt has said there is likely to be less scope for tax cuts in the March Budget than there was last autumn.

The chancellor told the BBC he wanted to "lighten the tax burden" to help grow the economy.

But he said this had to be done in a "responsible" way.

We are forever shaped by the Children we once were
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 Re: Tax Cuts
Topic Originator: OzPar  
Date:   Thu 1 Feb 09:38

No government should be considering tax cuts in the current global environment.

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 Re: Tax Cuts
Topic Originator: Parboiled  
Date:   Thu 1 Feb 10:06

A savvy Chancellor pulls rabbits oot of hat on Budget day.

Saying you have bunnys one day then that you are bunnyless the next week is not at all savvy

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 Re: Tax Cuts
Topic Originator: Andrew283  
Date:   Fri 2 Feb 12:50

Quote:

Parboiled, Thu 1 Feb 10:06

A savvy Chancellor pulls rabbits oot of hat on Budget day.

Saying you have bunnys one day then that you are bunnyless the next week is not at all savvy


The spare tool is desperately trying to score points before they are punted out this year, tragic stuff
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