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UK PM, finance minister agree to cut personal taxes before next election: newspaper

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British Prime Minister Boris Johnson and Finance Minister Rishi Sunak have agreed to cut personal taxes before the next election, London's Sunday Times newspaper reported.

FILE PHOTO: Britain's Chancellor of the Exchequer Rishi Sunak and Britain's Prime Minister Boris Johnson arrive to attend a Cabinet meeting of senior government ministers at the Foreign and Commonwealth Office in London, Britain, September 1, 2020. REUTERS/Toby Melville/Pool

Sunak will tell lawmakers and voters that the government must raise money now to pay for the coronavirus bailouts, the newspaper reported.

 

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The plan then is not to increase the headline taxes which will undoubtedly mean more stealth taxes.

nevin_simon why this would be required ‘so to raise money’ when MMT exists?

Cut them after endorsing a record deficit and right before an election, painting the opposition to be the 'evildoers' who want to take away your earnings and increase austerity when there is no other option

So the rich little man with a big head wants to buy our votes?

Interesting, does that mean cut tax for rich people? Wow, a lot of dirty money will rush in England.

They’ll have to sell their new air craft carrier.

Allow joint taxation for married couples . A low pension for one partner results in an avoidable tax excess for the partnership.

Most earn so little they don't pay tax, and rich people dodge it. Britain is becoming a little America, with a population as thick and fat.

He’s called Chancellor of the Exchequer.

London Time_-!!!

What a great decision guys. You show the world that you really care about the people. Cherrs for you both.

😂Why now?

What a surprise!

Trump playbook

I don't know why but Boris is lot more funny and cheerful ! He is like British trump!

Best way to boost economy for all peoples along with quantitative easing. Go UK. I hope USA follows suit.

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