Hunt warned against cutting tax for wealthy while making stealth raid on 36m workers

Hunt warned against cutting tax for wealthy while making stealth raid on 36m workers
By: The Guardian Posted On: November 17, 2023 View: 13

Chancellor considers deep cuts to inheritance tax in autumn statement to improve Tory pollingWhat can Hunt do with his £13bn fiscal headroom?Jeremy Hunt has been warned against using next week’s autumn statement to announce pre-election tax cuts for the wealthy while overseeing a multibillion-pound stealth raid on the incomes of 36 million workers.With the Conservatives trailing in opinion polls, the chancellor is considering deep cuts to inheritance tax for his set-piece speech to the Commons on Wednesday after receiving upbeat figures for the public finances from official forecasters. Continue reading...

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