Coronavirus shootings economy

Rishi Sunak may hike fuel duty by 5p to pay for Covid – 'costing drivers £100s'

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www.dailystar.co.uk

The Sun : “Now is not the time to clobber workers, families, white van men and women and our public services with a fuel duty increase.” These thoughts were echoed by an unnamed minister who spoke to The Telegraph.They argued: “This is not the time to be increasing tax.“The cost of coronavirus is a one-off, and to pay off the debt you have to grow the economy.

We should be looking to cut corporation tax and other taxes to increase transactions.“Putting taxes up now would be like acid rain falling on the green shoots of recovery.“If you increase capital gains tax, for instance, people will just stop selling their assets, so you will get less tax revenue.” And according to the Daily Mail, a cabinet minister warned the Chancellor to prepare.

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