- Rishi Sunak is a candidate for Britain’s next prime minister.
- He has proposed eliminating taxes on household energy bills as part of a “winter plan” to alleviate the cost-of-living crisis.
- Some experts cautioned that the policies would benefit the wealthy more than the poor.
Rishi Sunak, a candidate for Britain’s next prime minister, proposed on Wednesday to temporarily eliminate taxes on household energy bills as part of a “winter plan” to alleviate the country’s cost-of-living crisis.
“The year-long hiatus on paying value-added tax (VAT) on energy bills would save the average household 160 pounds ($193)”, former finance minister Sunak said.
Sunak’s pledge represents a shift in strategy for him, who has previously emphasised the importance of restoring fiscal discipline to the United Kingdom. Some experts cautioned that the policies would benefit the wealthy more than the poor.
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