Liz Truss suggests Tory response to cost of living crisis should be tax cuts, not windfall levy on energy firms – UK politics live

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Latest updates: Ministers under pressure to unveil financial package to help people cope with rising costs

Truss did not get into detail on what the government would, or should, do on the cost of living crisis. But in her interviews she did forcefully intervene in the internal Tory debate on this issue, signalling her disapproval of the windfall tax proposal and suggesting instead that tax cuts were needed. Asked about the windfall tax on Sky News, she said:

 

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Half wit

How about tax cuts for the poorest and a windfall tax on the energy firms?

Or both?

They have a 1 track obsession with tax cuts and have just raised NI. What good is a tax cut to the low paid ? There isn’t a cost of living crisis for anyone who can afford to pay their bills and still have plenty of disposable income. Many people who work are living hand to mouth

Exactly how does that help the poorest who pay very little or no tax at all?

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