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Liz Truss Says She Will Begin Chopping Taxes ‘From Day One’ If She Turns into PM


Liz Truss has vowed to “begin slicing taxes from day one” if she succeeds Boris Johnson as prime minister.

Confirming she is coming into the management race, the overseas secretary stated she would reverse the nationwide insurance coverage improve introduced in by Richi Sunak – considered one of her foremost rivals for the highest job – if she enters Quantity 10.

Truss additionally pledged to “preserve company tax aggressive so we will entice enterprise and funding into Britain”.

The speed if on account of go up from 19 per cent to 25 per cent from subsequent yr.

Truss’s announcement makes her tenth MP to throw their hat into the ring, with most of them promising to scale back the tax burden in the event that they emerge victorious.

Writing in The Telegraph, she stated: “Beneath my management, I might begin slicing taxes from day one to take quick motion to assist individuals take care of the price of dwelling.

“I might reverse the nationwide insurance coverage improve that got here in throughout April, ensure that we preserve company tax aggressive so we will entice enterprise and funding into Britain, and put the Covid debt on a longer-term footing.”

Attempting to stress her Brexiteer credentials, Truss – who voted Stay within the 2016 referendum – stated she had “led the way in which” in benefiting from Britain’s “new-found freedoms” exterior the EU.

However she added: “We will go additional, whether or not it’s doing extra to champion innovation or charting our personal course on regulation.”

Truss joins Rishi Sunak, Sajid Javid, Suella Braverman, Penny Mordaunt, Jeremy Hunt, Kemi Badenoch, Tom Tugendhat, Grant Shapps and Nadhim Zahawi in coming into the management race.

Dwelling secretary Priti Patel can also be anticipated to throw her hat into the ring.

The 1922 backbench committee of Tory backbenchers will meet tomorrow to resolve the foundations for the race and the timetable.



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