Tory leadership: Rishi Sunak and Liz Truss in fiercest clash yet over tax

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The economy dominated as Rishi Sunak and Liz Truss took part in their first head-to-head TV debate.

Ms Truss wants to scrap the rise to National Insurance, a planned rise in corporation tax and would temporarily scrap green levies on energy bills to be paid for through borrowing.Mr Sunak - who quit as chancellor earlier this month - said the coronavirus pandemic had created a large bill and that putting it on the "country's credit card" would "pass the tab to our children and grandchildren".

Ms Truss contrasting her comprehensive school education with that of Mr Sunak's, who attended the fee-paying Winchester College Ms Truss acknowledged the prime minister had made mistakes but said they were not "sufficient" enough for the Conservative Party to have "rejected him".Responding to the debate, Labour's campaigns coordinator Shabana Mahmood said: "Neither Liz Truss nor Rishi Sunak offers working people anything except more of the same - low growth, high taxes, frozen wages, and longer waiting times".

Sources close to Sunak said he had "won the argument" on the economy, with his argument that her tax cuts would further fuel inflation and push up interest rates and people's mortgages.

Source: Financial Digest (financialdigest.net)

 

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*Epic movie voice* Two cunts. One victim. Who will win? None of us.

Rishi is very rude talking over Liz all the time like he's trying to win 60 consecutive rounds of Just a Minute... but he is probably doing her a favour as the less she says, the wiser she appears.

I thought it was embarrassing however Rayworth , who I normally have time for, had no control whatsoever. Might as well have been Bruce.

The chancellor who taxed us more than any government since WW2 and the woman who has been a government minister for the past decade, neither can offer change they just speak empty words and hope we won't catch them in the lies they are so used to spouting.

Truss wants to cut tax, where is the extra revenue going to be coming from

I agree with his economic strategy.

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