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Tax cuts put Labour on the spot
Rachael reeves
TALK of impending tax cuts is now rife in Westminster. Chancellor Jeremy Hunt claims that lower state borrowing figures give him room to reduce taxes this year.
There is even speculation that he may make two tax-cutting announcements over the course of the coming months.
His motivation is obvious. The depressed and divided Tory Party needs something to rally around, and tax cuts would give it a point of unity.
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