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Tax cuts won t be sustainable – Brandon Sun

Transcripts for BBCNEWS BBC News 20220323 13:54:00

which is a really important priority for us, as you saw in the budget when we announced and have implement the cut to universal credit, the taper rate, which is essentially a tax cut for those on the lowest incomes and national living wage going up imminently to increase the incomes of those on the lowest pay, but looking ahead, yes, we do want to be able to bring down income tax, thatis to be able to bring down income tax, that is really important, something conservative chancellors often want to do and only sometimes managed to. but the public is not going to be kidded but the public is not going to be kidded that you are a tax cut in government when you have just raised the taxes government when you have just raised the taxes and given it back to them over a the taxes and given it back to them over a period of years. what the taxes and given it back to them over a period of years. the taxes and given it back to them over a period of years. what we have done with the over a

Transcripts for BBCNEWS BBC News 20220323 13:53:00

people, around 70%, even including the health and social levy, they will see a fall in their national insurance contributions. but still, that health and social levy is important because we know the nhs and social care are people s number one priority and we committed as a governor to reform and social care, we have an nhs backlog in this setting up a long term revenue stream to fund those things. and also it will mean that those with the broadest shoulders will be contributing more to the. but you are essentially going contributing more to the. but you are essentially going to contributing more to the. but you are essentially going to cut - contributing more to the. but you are essentially going to cut the i are essentially going to cut the basic rate of income tax, but fund it from basic rate of income tax, but fund it from having raised national insurance, you are shifting the tax system insurance, you are shifting the tax system from normal income tax that affects system

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Did the Chancellor deliver for business?

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