British Economy Minister says taxes are ‘too high’

British Minister of the Economy, Jeremy HuntGranted, this moonshine UK taxes ‘too high’But she abandoned them in a short time despite internal detentions in the Conservative Party in this sense.

“We want to download it“, Hunt tells the BBC on the second day of the Conservatives’ annual conference in Manchester, but stated that there are “no steps” to boost growth, which is a sine qua non before such a step is taken.

Minister Sismo warned against this A hasty reduction may lead to more persistent inflation in the UK.

Before that Disadvantages of surveys Among the Conservatives, a year after the next general election, many voices in the party are pressuring Prime Minister Rishi Sunak’s government to announce measures that will benefit the pockets of businesses and citizens.

One of them is the former Prime Minister Liz Trusswhich has emerged as one of the main criticisms of Sunak, even though his ephemeral CEO caused a financial storm in 2022 with a major tax cut.

Today, the former Conservative leader will participate in the Conservative Conference and will insist on the need to reduce corporate tax from the current 25% to 19% in order to “free up the capacity of British companies.”

His proposals are supported at least by a group of 30 representatives who signed a letter in which they confirmed that they would not vote in favor of the following assumptions made by Hunt if they included tax increases.

But the Minister of Economy confirmed that he will continue the same strategy that he has defended since taking office a year ago. “The way to win elections is by making promises that people can believe. We’re being honest with people, there’s nothing to do with tax cuts“, he stated in the GB News section.

“If a big tax cut is announced this year, this would lead to inflation, because we would be putting more money in citizens’ pockets, which would increase demand, and in the last run, prices would also rise,” Hunt added, Who this afternoon will deliver a speech to the Conservatives in Manchester: “This is not the best moment.”

He is expected to drive the perpetual conflict between Tory factions this year The ultra-liberal wing of the party is led by Truss Its surroundings are supporters of reducing taxes and reducing the weight of the state, and by the faction supported by the political right that sees the Minister of Interior, Suella BravermanHe is a good candidate for generating revenue from anti-immigration rhetoric.

Both sectors will try to gain weight in Manchester, with a view to the election platform that Sunak must develop in the coming months and the eventual profound renewal that will come if the party moves away from the opposition.

Despite the financial disaster Truss created during her brief stay in Downing Street, her supporters maintained an influential voice: “I want to preserve the ideology and legacy of (Margaret) Thatcher,” Clift commented.

He added that Braverman, who this week called for the rejection of the rights provided by the UN Refugee Convention, “has great ambitions and clearly sees himself as a potential leader.”

(With information from EFE)