David Gauke

@DavidGauke ↗

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Last Checked Dec. 17, 2022

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Mon Oct 17 09:20:54 +0000 2022

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David Gauke @DavidGauke

This will come as a shock to Conservative MPs but to recover credibility it will be necessary (but not sufficient) for the HSCL to be implemented (that is, a NICs increase) or for higher VAT or income tax rates to be announced this morning. — PolitiTweet.org

Posted Oct. 17, 2022

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David Gauke @DavidGauke

Reversing the 1p cut in income tax may not be enough. Very likely that the new Chancellor will have to pull one of the big tax levers - income tax, NI or VAT - to raise more revenue. — PolitiTweet.org

It is evident that the public finances are in a mess and very tough decisions are needed to put them on a sustainab… https://t.co/soS6zz3Y9D

Posted Oct. 17, 2022

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David Gauke @DavidGauke

Here's the view of someone who has spent many years advising Ministers on tax policy. https://t.co/ciPK0V0yhO — PolitiTweet.org

Using VAT to fill the hole is less anti-growth than a NICs rise. We purists would prefer it. And the ground has a… https://t.co/edF5E4TJ7U

Posted Oct. 17, 2022