Independent TV
Showing now | News
00:40
Liz Truss denies tax cuts are unfair despite ‘disproportionate benefit’ for the rich
Liz Truss says she does not “accept” the argument that cutting taxes is “somehow unfair,” despite admitting that there is a “disproportionate benefit” for the wealthy.
Speaking with Beth Rigby on Sky News, the prime minister said that tax cuts in business “help people in general” because of knock-on growth and opportunities across the country.
“People on higher incomes generally pay more tax, so when you reduce taxes, there is often a disproportionate benefit because those people pay more taxes in the first place,” Ms Truss said.
Click here to sign up for our newsletters.
Up next
01:51
Gérard Mestrallet on the challenges of bringing infrastructure to the region of AlUla
02:07
Sir George Iacobescu, chairman of the Canary Wharf Group on the investment into the historic region of AlUla
02:00
Oliver Ripley of sustainable hotel group Habitas talks about how AlUla challenged his preconceptions of Saudi Arabia
02:09