The Prime Minister will launch the Conservative manifesto
tomorrow (Tuesday), giving the country a clear plan of bold
action to cut a suite of taxes, boost the economy, curb migration
and build a more secure future for generations yet to come.
In the run up to the launch, the Conservatives have announced
plans to introduce:
- A Triple Lock Plus to protect pensioners from paying income
tax on the State Pension, unlike Labour's Retirement Tax
- A parents' tax cut by moving the threshold to pay High Income
Child Benefit Charge for single-earner families to £120,000, up
from £60,000 currently – unmatched by Labour
- A guarantee not to raise income tax, national insurance or
VAT
- A workplace pension guarantee to not introduce any new
taxes on pensions or increase existing ones for the whole of the
next Parliament - unmatched by Labour
- A family homes guarantee by committing not to change number
of council tax bands, undertake an expensive council tax
revaluation or cut council tax discounts – unmatched by
Labour
- An ambition to abolish the double tax on work when
financially responsible to do so.
Launching the manifesto today, the Prime Minister will
say:
“We Conservatives have a plan to give you financial security.
We will enable working people to keep more of the money you earn
because you have earned it and have the right to choose what to
spend it on.
“Keir Starmer takes a very different view. He says he's a
socialist, and we know what socialists always do: take more of
your money. And we know that the plans Labour have already
announced will require them to increase taxes on working
households by £2,094.
“We Conservatives have had to take difficult decisions
because of Covid. But we are now cutting taxes for earners,
parents and pensioners.
“We are the party of Margaret Thatcher and Nigel
Lawson, a party, unlike Labour, that believes in sound
money.
“In this party, we believe that it is morally right
that those who can work do work, and that hard work is rewarded
with people being able to keep more of their own money. We will
ensure that we have lower welfare so we can lower
taxes.”
