Tory MPs have demanded tax cuts including changes to inheritance tax and corporation tax at the upcoming autumn statement
. Former Cabinet minister David Jones said it would be a “big disappointment”, calling for cuts to inheritance tax and corporation tax “which is making us uncompetitive”.
The overall tax burden as a proportion of GDP is on course to reach its highest peacetime level after a spike in spending during the pandemic, with funding for public services such as the NHS also steadily increasing over time.
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