Five British Conservative leadership candidates hoping to be the next prime minister on Friday appeared in their first televised debate that was mainly focused on tax and spending and trust in politicians.
Former Chancellor of the Exchequer Rishi Sunak, the only candidate who opposes immediate tax cuts, clashed with the other candidates over the issue.
Taxation
Sunak defended raising national insurance in April, saying he wanted to make sure the National Health Service is “properly funded.”
Foreign Secretary Liz Truss promised to reverse the hike immediately and get rid of the green energy levy so people can afford bills.
Truss said she would fund the tax cut by spreading the debt accumulated during the COVID-19 pandemic over a longer period, arguing the pandemic is a “one in a hundred-year event” and that the UK’s borrowing is less than the United States, Canada, and Japan….