Conservative and Labour finance policy chiefs have ruled out VAT hikes, if either party wins the General Election on Thursday July 4.
Finance chiefs for both the Tories and Labour have ruled out raising value added tax if their party were to win theChancellor Jeremy Hunt warned family finances could be "hammered" if there was to be a rise to taxes on products and services.
In light of his claims, Hunt urged Labour leader Sir Keir Starmer to make a similar commitment “on camera”. The Conservative Party’s new poster bears a giant red piggy bank bearing the words: “If you think Labour will win, start saving…”It claims Labour’s fiscal plans would cost working families £2,094.
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