Budget tax hikes?
Posted on 29 Sep 2013
Hammond hints at tax hike
Philip Hammond has indicated that he could raise taxes in his Budget next month. He told BBC Radio 4"s Today Programme: "We believe in keeping taxes low and fair," but added: "I have the courage to do what"s necessary to support the British economy.” Meanwhile, writing in the Telegraph, former Conservative leader William Hague argues that the government should introduce a lower rate of income and capital gains tax for the under-30s. Another Conservative grandee, Sir Oliver Letwin, has said the party should be willing to raise taxes to pay for increased funding for social care.
Source: The Sun (03/10/2017)