David Gauke

@DavidGauke ↗

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Last Checked Dec. 18, 2022

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Mon Oct 17 09:26:58 +0000 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

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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

If the Chancellor does increase the rates of one of the big taxes (probably necessary to reassure the markets, I would argue), this will be a real test of Tory MPs especially on the right. If they refuse to back him, this runs the risk of undermining market confidence. — PolitiTweet.org

Posted Oct. 17, 2022