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‘Economically illiterate’ PM thinks inflation is a tax

At least he's never served as chancellor or occupied the most powerful seat in Britain...

Jack Peat by Jack Peat
2023-10-02 10:02
in Politics
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Rishi Sunak compared himself to Margaret Thatcher as he resisted calls from Tories to commit to tax cuts in a pre-election giveaway.

The Prime Minister vowed to prioritise measures to reduce inflation rather than taxes, insisting his is a “deeply Conservative” approach.

Cabinet minister Michael Gove on Sunday called for taxes to be cut before the next election, while former prime minister Liz Truss is among dozens of Tory MPs who have said they will refuse to vote for new tax rises.

Mr Sunak said “we’re all Conservatives, of course we want to cut taxes”, but he insisted: “The best tax cut, though, that I can deliver right now for the country is to halve inflation.”

Taking to X (formerly Twitter), Baroness Jenny Jones dubbed the PM’s remarks “economically illiterate”, while Mike Galsworthy pointed out that the purpose of taxes is to raise government funds for investment.

Watch Sunak’s comments below:

Sunak is economically illiterate. That's really worrying in a PM. https://t.co/yBpiSvoHQ7

— Jenny Jones (@GreenJennyJones) October 2, 2023

Related: Patel calls Braverman out over multiculturalism comments

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