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UK Tax Cuts Would Benefit Wealthy Households Most, IPPR Says

  • Cutting rate to 19% would cost Treasury more than £5 billon
  • Half of that would benefit richest fifth of Brits, IPPR says
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Sunak Hits Back at UK Leadership Rivals on Tax

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A UK income tax cut would mainly benefit wealthy households and do little to address the growing cost of living crisis, according to new research that casts doubts on the ambitions of the contenders to lead the ruling party and nation.