Farage to give up Reform's manifesto pledge for 90bn in tax cuts
Briefly

Farage to give up Reform's manifesto pledge for 90bn in tax cuts
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"The party's Our Contract with You, which featured the word tax on 58 occasions across the 26-page manifesto, said it would increase the income tax personal allowance to 20,000, while raising the threshold for paying the higher rate to 70,000. The party also pledged to scrap inheritance tax on estates under 2 million. But after The Institute for Fiscal Studies (IFS) questioned the realism of its tax plans,"
The Independent solicits donations to fund on-the-ground journalists covering reproductive rights, climate change and Big Tech and to parse facts from messaging. The Independent operates without paywalls and relies on support from those who can afford it to keep reporting accessible to all. Reform UK pledged substantial tax cuts, including a £20,000 income tax personal allowance, a £70,000 higher-rate threshold and scrapping inheritance tax on estates under £2 million. The Institute for Fiscal Studies questioned the realism of those plans, opinion polls indicate weakened voter trust, and party leaders are reconsidering manifesto commitments ahead of a policy reshaping by Nigel Farage.
Read at www.independent.co.uk
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