PoliticsLanguage: English
Tory Shadow Chancellor Vows Tax Cuts in Every Budget
Key Takeaways
- Shadow Chancellor Andrew Griffith aims to cut at least one tax in every budget.
- The Tories plan to scrap the High Value Council Tax Surcharge, known as the mansion tax.
- The party committed to maintaining the state pension triple lock.
- Proposals also include ditching certain environmental regulations and supporting Heathrow expansion.
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Shadow Chancellor Andrew Griffith has pledged that a returning Conservative government would scrap at least one tax in every budget. Speaking at the party conference in Birmingham, Griffith outlined plans for a simpler and fairer tax system, conditional on economic affordability and adherence to the party's golden economic rule.
Among the proposed changes, Griffith vowed to eliminate the High Value Council Tax Surcharge on properties over £2 million and scrap the Extended Packaging Responsibility scheme. Additionally, shadow ministers announced plans to roll back certain environmental regulations and support the expansion of Heathrow Airport.
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