Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Edward Leigh Excerpts
Tuesday 17th May 2022

(2 years, 7 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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The hon. Lady says that we should be asking those with the broadest shoulders to pay, but that is exactly what we are doing. The NHS and social care levy means that those with the broadest shoulders, the top 15% of earners, will pay more than half the money raised from that levy. I think that she believes that that levy should be scrapped. It is an entirely progressive way to raise money to fund the tackling of NHS backlogs, for which there is, I know, huge support in this House. The Government are keen to get on and fix the pressing challenges of this country. We will fund those things in a responsible and progressive way, and that is exactly the plan that we have put in place.

Edward Leigh Portrait Sir Edward Leigh (Gainsborough) (Con)
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T8. I am not sure whether there is much point in indulging in a blame game against the Bank of England or the Treasury, given that we are facing the unprecedented attack of a global pandemic and war in Europe. The fact remains that conservative Governments who have increased taxation during recession—such as those led by the first George Bush or John Major—go down to defeat. More importantly, millions of families are now desperately worried about how they will pay their bills. Will the Chancellor now say that his absolute priority, coming up to the Budget, is to reduce the overall tax burden on working families?

Rishi Sunak Portrait Rishi Sunak
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I can give my right hon. Friend that assurance. That is our priority. We started last autumn by cutting the tax rate for those on the lowest incomes and universal credit. We carried that on in the spring statement by delivering a tax cut for those on lower-middle incomes by raising the primary threshold, and our priority is to keep cutting taxes for those in work, including by cutting income tax, as soon as the public finances allow.