Posted 11/25/2023, 7:24:18 PM
Sunak Promises More Tax Cuts to Come After 'First Step' in Autumn Statement
- Sunak says tax cuts in autumn statement are "start of a journey" and hints at future tax cuts
- Cutting taxes was conditional on getting inflation under control and stabilizing economy, which has now happened
- Sunak claims economic policies have boosted growth when sceptics said UK would enter recession
- Tax burden still set to reach record high; many won't benefit due to fiscal drag wiping out NI cut gains
- Sunak prioritizes cutting taxes further, boosting public sector productivity over increasing public spending