From 1h agoKey events4m agoGove says cutting inheritance tax should not be a priority, arguing that reducing income tax or NI should come first26m agoSunak claims Iceland boss criticizing Tories is aggrieved he was not chosen as a candidate31m agoSunak again refuses to say if HS2 extension to Manchester will go ahead1h agoRishi Sunak to be interviewed by Laura Kuenssberg as Tory conference opens1h agoGove says he wants to stop councils introducing a four-day working week for staff1h agoGove claims Labour is offering ‘continuity’ politics, while Sunak is proposing an alternative, long-term approach1h agoGove says he wants to see taxes cut before the electionFilters BETAKey events (7)Michael Gove (11)Rishi Sunak (10)Laura Kuenssberg (5)Trevor Phillips (3)4m ago04.44 EDTGove says cutting inheritance tax should not be a priority, arguing that reducing income tax or NI should come first
This is what Michael Gove, the levelling up secretary, said in his Sky News interview about tax.
Gove said he wanted to see taxes cut before the next election. He said:
I would like to see the tax burden reduced before the next election.
He signaled that he did not think cutting inheritance should be a priority. Asked what taxes should be cut, he implied cutting income tax or national insurance should come first. He said:
It’s for the chancellor and the prime minister to decide. My own view is that wherever possible, we should cut taxes on work. In other words, we should incentivize people to work harder, we should make sure that they’re better rewarded for the enterprise, the effort, the endeavor that they put in.
Sunak is reportedly considering cutting inheritance tax because it is one of the most unpopular taxes with voters, even though only a tiny proportion of people who inherit money or property are affected by the tax because the threshold is high enough to exclude most estates. Most Tories are strongly in favor of cutting inheritance tax, but Gove, whose parents were not wealthy, has always been more skeptical.
Gove said he did not accept the Institute for Fiscal Studies claim that the UK has made “a decisive and permanent shift to a higher-tax economy”. Asked about this, he said:
I would gently disagree with the IFS. In the past, I’ve taken issues with some of these organizations with acronyms that have got things wrong in the past … They are making a projection.
Gove said he accepted taxes were higher than he would like. But he said that was mainly because of Covid and the war in Ukraine.
Michael Gove (right) being interviewed by Trevor Phillips. Photograph: Ian Forsyth/Getty ImagesUpdated at 04.45 EDT16m ago04.31 EDT
Q: Can you cite anything about Keir Starmer that you admire?
Sunak says he does not want to talk about personalities. He says he is setting out his vision for Britain. You have to take a stand on things, he says.
I don’t expect everyone to agree with me on everything, but people will have a clearer idea of what I believe, what I stand for, and…
2023-10-01 03:31:47
Post from www.theguardian.com
rnrn