We have heard much about who might be the next Prime Minister. The trouble is, I’m no clearer who I will vote for. I have just one vote but am happy to be guided by you. Let me know who you would choose and why.
On one hand Rishi appears to be fully across the finances and managed the covid crisis in a very sure footed way. He is taking the sensible position of wanting to deal with inflation ahead of tax cuts. But, he was at the financial helm when the tax take reached record levels. Also, he wielded the axe on Boris.
Liz on the other hand is much more aligned to my view of Conservatism, low tax, small government and focused on economic growth. I agree that growth needs stimulating and that must mean tax cuts. Liz is probably less able from a managerial perspective but more likely to be innovative in my opinion.
My targets would be to reduce cooperation tax rates to attract inward investment to stimulate the economy. I would also remove VAT on fuel and reduce fuel duty to help fuel poverty. The proposed NI increase should be reversed. I would also review council tax. Taxing folk based on the capital value of a property makes no sense and is not matched with the ability to pay. Replace with a combo of local income tax and local sales tax.