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)