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With economy booming, Sunak should cancel tax hikes The Telegraph’s Matthew Lynn says with the economic rebound from the pandemic so strong the Chancellor should now remove the threat of higher taxes on companies and consumers. He says Rishi Sunak is basing his plans to raise taxes on forecasts that are now hopelessly out of date: “By the end of the summer, the Treasury is going to be overflowing with unexpected revenues, yet there are still hefty rises in taxes coming down the track that will choke off the recovery, stoke inflation, and make it harder to build a competitive post-Brexit economy.”

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