Tomorrow at a press conference in Central London, , Conservative Party Leader,
will say that Reeves' income tax threshold freeze is paying for
the welfare cuts u-turn and Starmer caving to his backbenchers on
the two-child benefit cap.
Badenoch is expected to say:
Just a few months ago, was saying she couldn't
afford to scrap the two-child benefit cap. Now it looks like
becoming her latest u-turn.
This isn't because the economic circumstances have improved.
Quite the opposite.
Remember, a fortnight ago Reeves summoned the media to Downing
Street to blame everyone from the OBR, to Brexit, to Trump, for
her own economic mismanagement.
We need to call this out for what it is: Labour are raising taxes
to pay for Keir Starmer's weakness on welfare cuts.
He has already u-turned on £5 billion of welfare savings in the
face of pressure from his left-wing backbenchers.
And because Starmer has no backbone, he is now set to lift the
two-child benefit cap. That's around £8.5 billion of additional
welfare spending.
I have already said that if this Labour government scraps the
two-child benefit cap a future Conservative government will bring
it back.
The cap is fair because it forces people on benefits to decide if
they can afford to have more children, in the same way those who
work have to decide if they can afford more children.
has already broken his
pre-election promise not to raise tax on working people with last
year's Jobs Tax, which has been passed on to all of us through
higher prices, lower wages and fewer jobs.
He and Reeves are now set to go even further: freezing income tax
thresholds so that more and more people are dragged into higher
rates through a stealth tax bombshell.
even said at the Budget last
year that “extending the threshold freeze would hurt working
people” and “take money out of their payslips”.
They're hiking taxes on people in work, to give handouts to
people on benefits, the last group of people who might still vote
Labour.
It's not fair, it's not right, and we will oppose them every
single step of the way.
There is an alternative.
The Conservative Plan for a Stronger Economy can be summed up as:
Cut Spending; Cut Tax; Back Business – Get Britain Working Again.
