TaxPersonal TaxTories may avoid tax cuts

Tories may avoid tax cuts

Policy adviser Letwin says Conservatives will not cut taxes at expense of services

Oliver Letwin, the new Tory policy adviser and former shadow chancellor, has
said the Tories will not cut taxes at the expense of social services.

In an interview with The Daily Telegraph Letwin said the
Conservatives should support the principle of redistributing wealth from the
rich to the poor and said the Tories would not introduce tax cuts at the expense
of schools and hospitals.

The move marks a change from plans by shadow home secretary David Davis to
cut £38bn from tax bills and has sparked fears that the party is aiming to tax
the rich more in order to help the poor.

Letwin, however, said the party would not ‘clobber the rich’ in order to meet
its aims.

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