Great Britain
This article was added by the user . TheWorldNews is not responsible for the content of the platform.

Liz Truss' tax cut will bring the poor to just 76p and wealthy families an extra £93 a month

Liz Truss' plan to reverse the National Insurance tax hike would allow Britain's poorest households to earn just 76p per month, while the richest Profit of £93.

A study by the Tony Blair Institute found that Tories' favorite Key Plank policy lines the pockets of the rich, while leaving the worst-affected households meager It is shown that it only passes

Truss when her rival her Rishi Sunak was prime minister to raise her £12 billion for her NHS and social care in the UK I promised to abolish her NI increase that I introduced.

In an increasingly intense leadership contest, Sunak said energy charges of £3,600 a year from October and him £4,200 a year from January would push people into "true poverty." I warned you it would put you in danger.

However, the Blair Institute said Sunak's own plan to eliminate VAT on energy bills would have "little or no impact" on low-income households.

Sunak will supplement cost of living payments for the most vulnerable through benefits, winter fuel payments to pensioners and £200 assistance to all. detailed his "three-part" plan. - Household VAT cuts.

An analysis by the Blair Institute found that means-testers receive 55% more money from the government each month. You should receive an extra charge of £. Helps deal with rising inflation and rising energy prices.

Tony Blair Institute chief his economist Ian Mulhailn said:

"Ideas circulating in Conservative leadership contests - such as reversing the NIC hike and cutting the VAT on fuel - will help those most at risk this winter."

He added: "A serious response will require the new prime minister to extend and expand Prime Minister Sunak's aid package. It will be ten billion dollars, but there is no alternative.”

At Thursday's rally, Truss also denied imposing a windfall tax on the enormous profits enjoyed by energy companies.