John Redwood – 2022 Comments on Chancellor Increasing Taxes

The comments made by John Redwood, the Conservative MP for Wokingham, on Twitter on 6 May 2022.

Why is the Chancellor making the U.K. the only advanced country respond to a global cost of living crisis by increasing taxes? Higher taxes make the squeeze worse. Higher taxes bring fewer jobs and less growth.

Will the Chancellor now cut taxes? Has he read the Bank of England forecasts of rising unemployment and no growth ahead? This time on his current policies they may be right for a change.