Jun 14, 2024, 12:00 AM
Jun 11, 2024, 12:00 AM

Rishi Sunak vows to cut taxes and be the new Margaret Thatcher

Right-Biased
Highlights
  • Rishi Sunak launches Tory election manifesto with tax cuts as the centerpiece.
  • He pledges to follow in the footsteps of Margaret Thatcher and position the Conservative party as the 'party of Thatcher'.
  • The campaign emphasizes the tax divide with Labour and the moral mission to reduce taxes.
Story

Rishi Sunak is set to launch the Conservative Party's general election manifesto with key policies including a tax break for landlords, a 2p cut to National Insurance, and help for first-time buyers. The manifesto also promises further tax cuts, with plans to reduce National Insurance and abolish it completely by April 2029. The Conservatives estimate their tax cuts would reduce the total tax take by £17.2bn a year by 2029/30, with the shortfall to be made up by cutting the welfare bill and tackling tax avoidance. Sunak pledges to be 'the party of Margaret Thatcher' and emphasizes the moral mission to cut taxes. The manifesto also includes spending commitments such as a rise in defence spending and housing reforms. Sunak's approval rating has fallen, and he faces challenges from other party leaders like Nigel Farage and Keir Starmer. He emphasizes the importance of voting Conservative to prevent Starmer from coming to power.

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