Quote:
Originally Posted by Sephiroth
If I've understood you correctly, you are referring to the 45% tax rate.
The 45% rate thing, stood out as a gift of £2,500 to well-off workers. Now that the Chancellor has dropped this ridiculous proposal, he hasn't squared the circle because he hasn't raised the tax thresholds which really would have benefited everyone.
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Old Boy is somewhat vague but I assume when he says "Working people benefit considerably from this package of measures" he's referring to the reduction in basic rate tax and removal of the NI increase.
Today is another hits show with different stories from Truss and her Minister on whether benefits will be increased in line with inflation
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Benefits should rise with inflation, says Penny Mordaunt - taking very different line to PM
Benefits should rise with inflation, Commons leader Penny Mordaunt has said.
In an interview with Times Radio, the cabinet minister said she had "always supported" keeping pace with inflation and it "makes sense to do so".
"We want to make sure that people are looked after and that people can pay their bills," she said.
"We are not about trying to help people with one hand and take away with another."
This appears to be a very different line to that taken by Liz Truss and Brandon Lewis - see two posts below - amid speculation a Tory row is brewing on this issue.
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https://news.sky.com/story/politics-...truss-12593360