NatWest chair says best way to help poorest is through benefits

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Across-the-board tax cut would be blunt, very costly and give wealthy a boost, warns Howard Davies

The chairman of NatWest bank has argued that changes to the benefits system would be the most effective way for the government to help the poorest families struggling to cope with the cost of living crisis, instead of cutting taxes that also give the wealthy a financial boost.

 

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He's lying. The larger the state, the more costly it is for those who do the real work.

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