Jeremy Hunt has labelled the Tory Party as the “underdogs in this election”.
He referred to inheritance tax as “profoundly anti-Conservative” and vowed to support the middle classes with tax breaks.
Jeremy Hunt refers to inheritance tax as ‘profoundly anti-Conservative’
Jeremy Hunt vowed to support the middle classes with tax breaks and criticised inheritance tax.
He described inheritance tax as “pernicious”, telling the Telegraph: “I think it is profoundly anti-Conservative because it stops and disincentivises people from saving for their future.”
Last year, the Chancellor considered slashing inheritance tax, with reports suggesting he was prepared to halve the headline rate from 40 per cent to 20 per cent.
Hunt vowed to build on two cuts to National Insurance and said: “We made a start, and we will go further.”
He also pledged not to introduce a wealth tax: “We do not believe in wealth taxes, I can absolutely pledge that there will be no wealth taxes under a Conservative government.”
Tories are the ‘underdogs in this election’ says Jeremy Hunt
Jeremy Hunt thinks the Tories are the ‘underdogs’ in the election
PA
Jeremy Hunt has labelled the Tory Party as the “underdogs in this election”.
The Chancellor has a majority of just 8,817 in his Godalming and Ash constituency in Surrey, with the Lib Dems having the seat firmly in their sights.
78 of his Tory colleagues have already declared their intention not to stand in the upcoming election, with big names like Michael Gove and Andrea Leadsom among them.
Despite that, Hunt insists he will not be joining them, even though he sees his Party as the “underdogs”.
When asked from the Telegraph, he replied “absolutely, both locally and nationally”.
He added: “Both locally and nationally. Because when you’ve had 14 years, with three global shocks – we haven’t had that in our lifetimes before – obviously people are feeling bruised.”
