Tory leadership: Do rivals’ tax pledges add up?

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The two contenders promise tax cuts but have given little detail about how to pay for them. …

In May, Mr Sunak rejected the idea of a VAT cut, saying in Parliament: “A flat rate payment has the benefit of being more progressive than VAT, which obviously gives very high, or higher, tax discounts to those who are particularly wealthy or have large houses and energy bills.”

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