Article 6JS4T Jeremy Hunt’s budget giveaway ‘will act as sweet filling in tax sandwich’

Jeremy Hunt’s budget giveaway ‘will act as sweet filling in tax sandwich’

by
Larry Elliott Economics editor
from World news | The Guardian on (#6JS4T)

Thinktank says juicy cuts this year follow far bigger increases in 2023 and precede planned chunky rises'

Jeremy Hunt's expected pre-election giveaway budget will be sandwiched between 20bn of tax increases already implemented and a further 17bn of hikes pencilled in for after polling day, a thinktank has said.

The Resolution Foundation said it expected Hunt to freeze fuel duty and cut income tax on 6 March but warned the chancellor's tax sandwich" was based on the fiscal fiction" of 30bn of spending cuts in the next parliament.

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