The Aporia
13 articles about 10 events for “UK Tax Cuts Plan” from BBC News.
“Tax experts say the party's £6bn per year estimate of the cost of the plan is reasonable, but warn the policy would primarily benefit wealthier households and could discourage older people from moving to smaller homes.”
“The party has already pledged £10bn for a UK air defence system, and proposed cuts to the rate of employer National Insurance contributions for those aged 21 to 24.”
“Asked if her plan for benefit cuts and a massive increase in prison places was a return to the "nasty party" of the past, she said: "It's the common sense party.”
“But the announcement he'd held back for his speech was aimed at Conservative-leaning voters: tax cuts worth billions.”
“Under the Lib Dem plan, based on research by think tank Frontier Economics, external, the economic boost from rejoining the single market would allow the party to spend £17bn on tax cuts by the end of the next Parliament.”
“Higher-than-expected inflation could eat into what the government hoped to spend on public services, meaning Healey will have to choose between spending cuts, tax rises, or a mixture of both, the Institute for Fiscal Studies (IFS) said.”
“Deputy Adrian Gabriel said "I'm disappointed" as he hit out at plans to reduce tax caps and said he "would have liked to have seen their maximum liability, their cap, increase much more".”
“The last prime minister to attempt a substantial overhaul of social care was Theresa May, whose 2017 plans unfurled when they were nicknamed the "dementia tax".”
“The chancellor has to therefore decide whether to plan for the worst, and make some painful permanent tax and spend decisions, or buy some time.”
“The pressure on public cash is intense as the budget approaches – the choice for the chancellor doing the rounds is, "10 billion of cuts or 10 billion of tax rises," according to a well-connected senior figure.”
“Seeking to differentiate the Liberal Democrats from rival parties, she said her party would avoid "more punishing tax hikes from Labour or painful spending cuts by the Conservatives and Reform UK".”
“Unite, the UK's second biggest union, has called for a reversal of the freezing of tax thresholds, that see the lowest paid drawn into paying tax.”
“But he said "times are tough", with Jaguar Land Rover (JLR) on Monday announcing 4,000 planned job cuts, mostly in the UK.”