The former prime minister is sticking to her pro-tax cut agenda, despite being ousted from No 10 after only 49 days last year.
Liz Truss to call for corporation tax to be lowered back to 19% in rally speechLiz Truss will tell a fringe rally at the Tory conference that taxes on businesses should not be normalised
The former Tory leader will say that the best way to get the UK economy growing is to “free” the private sector. Her economic Growth Plan, delivered 12 months ago by then-chancellor Kwasi Kwarteng, sent the value of the pound tumbling and mortgage rates soaring due to the market’s adverse reaction to its £45 billion of unfunded tax cuts.
In pre-briefed comments, Ms Truss is expected to say on Monday: “We must unleash British business by cutting corporation tax. “This is how we make Britain grow again. It is free businesses that will get us there, not the Treasury, not the Government and not the state. She is expected to be joined at the rally by former business secretary Sir Jacob Rees-Mogg and former home secretary Dame Priti Patel.It comes after experts said the Tories will have presided over, during the time between the 2019 election and the next general election, the biggest set of tax rises since at least the Second World War.
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