Rishi Sunak vows to cut taxes for working people in major speech – what it means for you | The Sun

RISHI Sunak has vowed to cut taxes for working Brits in a major speech.

The PM today assured the nation he can end the cost of living and strike misery – as well as finally tackling illegal immigration.

Billed as a “reset” moment for his premiership, it is the first big speech Mr Sunak has given since entering No10 in October.

Alongside his core five promises to the nation, the PM vowed to "reduce the burden of taxation".

He told the UK: "If we're going to deliver this better future, people will have to work hard, but I believe good well paid jobs are about more than just financial security.

"They give people purpose, confidence, dignity, the chance to build a better life from themselves.

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"But I also believe that if you work hard and play by the rules, you should be rewarded and which is why as soon as we can the government will reduce the burden of taxation on working people."

While exactly what measures Mr Sunak plans on introducing remains unclear, it comes as Britain remains grappled by the biggest tax burden since World War Two.

In his Autumn Statement, Chancellor Jeremy Hunt delayed £30billion of painful spending cuts until after the next election — with a surprise increase in the NHS and education budgets.

At the end of last year, Chancellor Jeremy Hunt ruled out any cut to income tax.

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Instead, he extended the freeze on income tax until 2028.

With the OBR fiscal watchdog now warning the country is officially in recession, the Chancellor increased spending by an extra £9billion until 2025.

While protecting pensioners, benefit claimants and the lowest paid from inflation, the Autumn Statement left almost everyone else picking up the tab.

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