by Larry Elliott Economics editor 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. Continue reading...