Hunt: Everyone will have to pay more tax

Chancellor Jeremy Hunt says everyone will have to pay more tax under plans set to be announced in this week’s Autumn Statement. He told the BBC’s Sunday with Laura Kuenssberg he has “been explicit that taxes are going to go up,” adding: “We have a plan to see us through choppy waters… we will make the recession we are in as short and shallow as possible.” The Chancellor acknowledged that the plans would “disappoint people” but promised to protect the “most vulnerable.” Separately, Mr Hunt told Sky News’ Sophy Ridge on Sunday his plan will “help bring down inflation, help control high energy prices and also get our way back to growing healthily, which is what we need so much.” Mr Hunt is expected to raise up to £60bn through a mixture of spending cuts and tax hikes as he tries to manage government borrowing, with it believed his plan will include further freezes to income tax thresholds. Shadow Chancellor Rachel Reeves said Mr Hunt was choosing to tax working people, while doing “little to close tax loopholes which mean some of the wealthiest don’t pay their fair share,” while Liberal Democrat Treasury spokesperson Sarah Olney said: “Hardworking families look set to be clobbered with yet more unfair tax hikes because the Conservative party crashed the economy.”

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