Budget 2024: Hunt gambles with highest tax burden since second world war
by Richard Partington and Kiran Stacey from Economics | The Guardian on (#6K4N9)
Chancellor's 10bn national insurance cut funded by scrapping non-dom' tax breaks is final major economic intervention before election
Jeremy Hunt has gambled his budget on a 10bn national insurance cut funded by scrapping non-dom rules and other revenue-raising measures that will push taxation to the highest level since the second world war.
In what could be the last major economic intervention before voters go to the polls, the chancellor said the government was making progress on its economic priorities and could now help hard-pressed families by permanently lowering certain taxes.
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