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Transcripts for BBCNEWS BBC News 20220323 13:39:00

it s going to be a big cut in living standards for those on the - it s going to be a big cut in living standards for those on the very. standards for those on the very lowest standards for those on the very lowest incomes. standards for those on the very lowest incomes. the standards for those on the very lowest incomes. the rest - standards for those on the very lowest incomes. the rest of- standards for those on the very l lowest incomes. the rest of what he s done, lowest incomes. the rest of what he s done, if lowest incomes. the rest of what he s done, if you lowest incomes. the rest of what he s done, if you put lowest incomes. the rest of what he s done, if you put together. lowest incomes. the rest of what . he s done, if you put together what he s done, if you put together what he did he s done, if you put together what he did in he s done, if you put together what he did in february he s done, if you put together what he did in february with he s done, if yo

Transcripts for BBCNEWS BBC News 20220323 13:58:00

of the business groups i bosses talk to say that of the business groups i bosses talk to say that is of the business groups i bosses talk to say that is a of the business groups i bosses talk to say that is a massive of the business groups i bosses talk to say that is a massive gamble. i of the business groups i bosses talk| to say that is a massive gamble. we are unprotected to say that is a massive gamble. we are unprotected from to say that is a massive gamble. we are unprotected from the to say that is a massive gamble. we are unprotected from the crippling i are unprotected from the crippling end or are unprotected from the crippling end or pervasive are unprotected from the crippling end or pervasive energy are unprotected from the crippling end or pervasive energy cost i are unprotected from the cripplingl end or pervasive energy cost rises, we will end or pervasive energy cost rises, we will not end or pervasive energy cost rises, we will not see end or p

Transcripts for BBCNEWS BBC News 20220323 13:55:00

revenue that will go to - myth. what is happening is the revenue that will go to the - myth. what is happening is the| revenue that will go to the nhs myth. what is happening is the i revenue that will go to the nhs to forget reforms that were put into place, we have made commitments through the spending review before the phonic to health and social. it does mean that those with a broad shoulders will be contributing to the nhs. at the number one priority for the best public. and although we do face cost of living challenges, we will get through this and have stronger growth and then we will be in a position where we have the long term revenue stream and to cut income tax. long-term revenue stream and to cut income tax income tax. you re talking about a tax-cutting income tax. you re talking about a tax-cutting but income tax. you re talking about a tax-cutting but the income tax. you re talking about a tax-cutting but the public- income tax. you re talking about a tax-cutting b

Transcripts for BBCNEWS BBC News 20220323 13:40:00

interestingly the tax to gdp ratio graph, interestingly the tax to gdp ratio graph, one of the ones i was trying to find graph, one of the ones i was trying to find from graph, one of the ones i was trying to find from the obr, seems to be higher to find from the obr, seems to be higher than it was before. they are getting higher than it was before. they are getting so higher than it was before. they are getting so much money from the fact inflation getting so much money from the fact inflation is getting so much money from the fact inflation is high and the thresholds are being inflation is high and the thresholds are being kept frozen for something that the are being kept frozen for something that the ifs pointed out last week, that the ifs pointed out last week, that they that the ifs pointed out last week, that they can recycle some of this stuff so that they can recycle some of this stuff so the amount of tax coming in is still stuff so the amount of tax comi

Transcripts for BBCNEWS BBC News 20220323 13:52:00

why white rid of the national insurance contributions, think of a haptic oaky but why notjust get rid of them and it was the wrong thing to do? in of them and it was the wrong thing to do? . . , of them and it was the wrong thing to do? . . ., ., of them and it was the wrong thing todo? . .,. , ., to do? in a way to an end stick date and the measures to do? in a way to an end stick date and the measures he to do? in a way to an end stick date and the measures he announced, i to do? in a way to an end stick date| and the measures he announced, by increasing the threshold that mega rishi sunak admitted that. just get rid of the tax hike altogether. i disagree with your interpretation of what we have set out. i did just want to say, tax cuts today, specifically fuel duty, helping people here and now, that reduction in fuel duty will come in this evening to help people with the real cost they are facing filling up their cars, whether to go to work, dropping the kids off at school, the

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