The Conservative party's two most senior figures are at loggerheads once again over the party's tax policies - with Rishi Sunak accusing Liz Truss of "a lack of understanding" and "poor communication."
Sunak, the Conservative vice-chairman and policy director made his comments in an interview this weekend. He said that there was a "fundamental difference of opinion" between the Conservatives and Labour on how to raise money from the wealthy and warned that failure to reform taxes could lead to another election loss.
Truss, the Treasury minister, hit back, insisting that it would not increase taxes on the wealthiest people and that she was "thoroughly confident" about her party's ability to raise money through new measures such as cuts to welfare. She also accused Sunak of being "obsessed" with raising taxes and said he should focus on developing Conservative policy rather than attacking his colleagues.
Boris Johnson has announced that he will step down as Prime Minister of the United Kingdom. The Conservative Party leadership race is already underway, and several potential candidates could succeed her. Here are some of the issues that whoever becomes the next Prime Minister of the UK will need to address:
1. Brexit: The UK's exit from the European Union is one of the most significant events in recent British history, and it is still unclear what will happen next. The government has said it wants to negotiate a new trade deal with the EU, but there is no agreement yet on what this should look like. There is growing concern about how Brexit will affect the economy and whether it will damage Britain's relationship with its biggest trading partner.
2. The NHS: One of Theresa May's most significant achievements as Prime Minister was overseeing the country's most extended period of continuous economic growth since World War II, which helped improve NHS funding and health care. However, the NHS is now facing unprecedented financial challenges, increasing pressure to cut services. Whoever becomes Prime Minister will need to address this issue and devise a plan to keep the NHS affordable and solvent while still providing high-quality care.
3. Immigration: The UK is facing a massive influx of migrants, causing significant problems with housing, social services, and the job market. Brexit may worsen things, as it could decrease the number of EU migrants coming to the UK. Whoever becomes Prime Minister will need to devise a solution to this problem, preferably one that doesn't involve introducing harsh immigration restrictions.
4. The Economy: The UK economy has been stagnant for some time now, and there are worries that Brexit will not be able to help fix it. The Conservative Party's official policy is that Brexit will increase GDP by around £40 billion annually, but most economists believe this is unlikely. Whoever becomes Prime Minister will need to devise a plan for turning the UK economy around or risk losing public support.
Liz Truss is the final two candidates to pitch Tory leadership to the party's members. She has been a member of the Conservative Party for over 20 years and has served in several roles in government.
Liz Truss is a Conservative MP from Suffolk.
She served as Secretary of State for Environment, Food and Rural Affairs under Theresa May from 2016-2018.
Truss has been a strong supporter of Brexit and has argued for complex Brexit negotiations with the EU.
Truss is one of the final two candidates in the leadership race and will be pitching her policies to members on Saturday.
Her key policies as a candidate include Brexit negotiations, NHS reform, and creating more jobs. She is considered a hardliner on immigration and has proposed reducing the annual number of refugees coming into the UK by 50%.
Rishi Sunak is another race candidate and is currently a director at the BBC. He has also served as deputy chairman of the Conservative Party and was previously finance director for Boris Johnson's London mayoral campaign.
Ms. Truss promised "tax-cutting, enterprise-boosting, business-friendly Conservative policy."
Tory leadership candidate Rishi Sunak has promised "tax-cutting, enterprise-boosting, business-friendly Conservative policy" in his pitch to party members.
Ms. Truss, Minister for Justice, pledged to "reduce crime, cut the deficit and reform welfare."
Liz Truss Talks About Her Plans for Tory Leadership
Liz Truss, one of the final two candidates to pitch for the Tory leadership, outlined her plans for the party during an interview.
Truss said she wants to see the Conservative Party "come back as a mainstream, pro-business party." She also said she wants to see a "big increase" in infrastructure and public services investment.
Rishi Sunak is a Conservative MP and former policy advisor to Prime Minister David Cameron.
He has been a vocal critic of Theresa May's leadership and said she is not fit to lead the Conservative Party.
Sunak has called for resetting the party's policy platform and said that the Conservatives must be more open to new ideas.
He is one of the final two candidates in the leadership race and will be pitching his policies to members on Saturday.
Mr. Sunak said he would introduce "a set of reforms as radical as the ones Margaret Thatcher drove through in the 1980s".
The Conservative party has announced that Rishi Sunak and Liz Truss are the final two candidates to pitch their visions for the party.
Sun, the founder of Invictus Capital, announced that he would introduce "a set of reforms as radical as the ones Margaret Thatcher drove through in the 1980s". He has also vowed to reduce taxes, reduce welfare dependency, and increase military spending.
Truss, an MP from South West England, has argued that the Tories need to appeal to working-class voters. She said she would cut business taxes and lower tuition fees. She has also promised to invest in vocational education and training.
Rishi Sunak Talks about His Plans for Tory Leadership
Rishi Sunak, one of the final two Tory leadership candidates, has outlined his plans for the party. He wants to focus on growing the Conservative base and rebuilding trust with voters.
Sunak wants to fight for social justice, reduce inequality, and promote sustainable economics. He says he will be a leader who is open to new ideas and listens to people from all backgrounds.
Tory Leadership: Rishi Sunak and Liz Truss in Fiercest Clash Yet Over Tax
Two leading candidates for the Conservative leadership clashed head-on on taxation, with Liz Truss accusing Rishi Sunak of dodging taxes and being a "serial tax dodger." The row comes as the candidates prepare to answer questions from Tory MPs on their economic policies over the next week.
Ms. Truss, deputy leader of the Conservative party, said: "Rishi Sunak has a long history of dodging taxes and being a serial tax dodger. He's never paid any income tax in his life. It's very worrying that someone who is running to be our party leader is so dubious about paying his taxes."
Mr. Sunak hit back at Ms. Truss, accusing her of making "false attacks" and saying she was "out of touch with ordinary people." He added: "I have always paid my taxes, and I will continue to do so." Mr. Sunak previously admitted he did not declare the £200,000 he earned from consultancy work in India between 2007 and 2009 because he feared it would trigger UK tax liabilities.
Rishi Sunak and Liz Truss tore into each other over their rival visions for the future of the UK economy in their first head-to-head TV debate.
Sunak, the shadow business secretary, and Truss, the Conservative Treasury chief, went head-to-head on BBC TV Debate.
The disagreement between the two frontbenchers is the fiercest yet over their visions for the future of the UK economy.
Sunak wants to see more infrastructure investment and robust exports, while Truss says that the Conservatives' austerity policies have led to too much joblessness and inequality.
Truss also hit back at Sunak's suggestion that she is out of touch with ordinary people, saying: "I represent everyone in this room."
As Conservative leadership contenders clash over tax plans, Liz Truss and Rishi Sunak fought tooth and nail on BBC. Truss accused Sunak of wanting to increase taxes for low earners, while Sunak said that Truss was out of touch with ordinary people who are struggling under austerity. The disagreement between the two frontbenchers is the fiercest yet over their visions for the future of the UK economy. Sunak wants to see more investment in infrastructure and more robust exports, while Truss says that the Conservatives' austerity policies have
Liz Truss' Views On Tax Cut
Liz Truss, the Conservative MP for South West Norfolk, has clashed with Rishi Sunak, the Conservative MP for North East Bedfordshire, in the fiercest clash yet over the Conservative Party's proposed cuts to tax.
Sunak has said that Truss is "completely out of her depth" on this issue and that she is "flatly wrong" about how much money the cuts will raise.
Truss has responded by saying that Sunak is "clearly not very familiar" with the detail of the proposals and that he is trying to "bamboozle" MPs into supporting them.
The debate over the tax cut proposals is likely to be a vital issue in the run-up to the general election, as Conservatives try to convince voters that they are serious about reducing government spending.
Rishi Sunak's Views On Tax Cut
The Conservative leadership race is heating up, and one of the biggest clashes so far has been between Rishi Sunak and Liz Truss. Sunak, who is running for the position of tory leader, has come out in support of a proposed tax cut, which has put him at odds with Truss, who believes that the government should be spending more money on infrastructure. In an interview with the Financial Times, Sunak explained his reasoning for supporting the tax cut: "We need to get people back to work and grow their businesses. That's going to create more jobs and more growth." However, Truss was unhappy with Sunak's comments, accusing him of wanting to "crowd out" social services.
Mr. Sunak told Ms. Truss her tax cut plan would "tip millions of people into misery."
On Sunday, the Conservative party's deputy leader and the Treasury minister, Rishi Sunak, clashed with the Housing Minister, Liz Truss, over the Conservative party's tax cut plans.
Sunak told Ms. Truss her tax cut plan would "tip millions of people into misery."
Ms. Truss hit back at Sunak, accusing him of scaremongering and ruling out any help for low-income families.
Ms. Truss said tax rises brought in by him would lead to a recession.
Mr. Sunak warned that Ms. Truss was "playing with fire" and said she was undermining the Conservative Party's reputation.
The clash came as Tory MPs gathered for a meeting of the party's committee, Mr. Sunak.
Ms. Truss said tax rises brought in by him would lead to a recession. She accused him of using scaremongering tactics: "Rishi Sunak is playing with fire by talking about a recession."
Mr. Sunak warned that Ms. Truss was "playing with fire" and said she was undermining the Conservative Party's reputation. He added: "It's important we don't go down this route where we're seen as being weak on economic policy."
Ms. Truss wants to scrap the rise of National Insurance.
Mr. Sunak says he would not cut taxes until inflation was under control.
Mr. Sunak said the coronavirus pandemic had created a significant bill and that putting it on the "country's credit card" would "pass the tab to our children and grandchildren."
In the debate, Liz Truss said she had no choice but to increase taxes on the wealthy because they were "passing the tab" to other taxpayers.
The row between Mr. Sunak and Ms. Truss is the fiercest so far in the Tory leadership battle.
Ms. Truss insisted that under her plans, the UK would start paying down the debt in three years.
Ms. Truss insisted that under her plans, the UK would start paying down the debt in three years, while Sunak argued that the Tories' flagship policy would only increase the national debt. The two candidates also differed on whether to continue with cuts to social security and welfare, with Ms. Truss saying she would keep both policies "under review." In contrast, Sunak said they should be "stricter and faster."
Mr. Sunak suggested her plans would lead to higher interest rates.
Mr. Sunak said: "A policy which raises taxes on people who are mainly living within their means and trying to save, which then leads to higher interest rates because they can't afford those mortgages or those loans? That's not going to be good.
Liz Truss's campaign accused Rishi Sunak of not letting her get a word in edgeways.
Rishi Sunak continued to slam Liz Truss's tax cut plans for not being economically sound.
Sunak argued that the Conservative's plans would create a £30 billion black hole in the public finances, while Truss said that the government's own figures show that the tax cut won't cost taxpayers a penny.
Meanwhile, Conservative MP Steve Baker said that Sunak had "completely lost the plot."
As Britain enters another General Election campaign, the Tory leadership race is shaping up to be one of the fiercest yet. Liz Truss and Rishi Sunak are at loggerheads over tax cuts, with Sunak attacking Truss's plans as not being economically sound. Meanwhile, Steve Baker defended Sunak, saying he had "completely lost the plot."
Liz Truss' Views On Brexit
Liz Truss, the Conservative Treasury minister, has been at the center of a fierce clash over Brexit with Rishi Sunak, the Shadow Home Secretary.
Both Ms. Truss and Mr. Sunak are longstanding opponents of a hard Brexit, which they see as damaging to Britain's economy. In an interview with The Guardian on Friday, Ms. Truss said she believed Britain would be able to negotiate a trade deal with the European Union that was "better than anything that could have been done" under Brexit.
Mr. Sunak disagreed, saying that he thought it was "improbable" that Britain would be able to secure a good trade deal. He also accused Ms. Truss of favoring a soft Brexit because she was worried about its impact on her constituency in North West England.
The clash between Ms. Truss and Mr. Sunak reflects the heightened tensions within the Conservative Party over Brexit. The party is divided between those who want to pursue a hard Brexit, which is seen as damaging to Britain's economy and those who want to avoid a hard Brexit at all costs, including by staying in the EU single market.
Rishi Sunak's Views On Brexit
The Conservative leadership contest has turned for the fiercest yet, with Rishi Sunak and Liz Truss in a bitter clash over tax. The Business Secretary refuses to rule out a Brexit 'no deal' as a means of raising money, while Truss insists that any new taxes must be paid by Cutting Tax Cuts For The Rich. Sunak retorted that such a plan would "wreck the economy" and "cost jobs," while Truss hit back that he would "rather see businesses fail than have them pay unfair taxes." The two rivals had clashed before - most notably when Sunak accused Truss of lying about her record on rail franchising - but this is their most public spat yet.
The final result is to be announced on 5 September.
The Conservative Party will announce its new leader on 5 September. The final result will be announced after votes from Tory MPs and members.
Rishi Sunak is the final candidate to pitch for the leadership. He was number two in the race behind Theresa May. Sunak has been MP for Harrow East since 2005 and served as a minister in the Department for Business, Energy, and Industrial Strategy under David Cameron.
Liz Truss is the final candidate to pitch for the leadership. She has been MP for Westmorland and Lonsdale since 2010 and served as a minister in the Department for Environment, Food and Rural Affairs under Theresa May.
What makes Rishi Sunak a good candidate?
Rishi Sunak is a good candidate for the Tory leadership because he has a lot of experience in government. He was the Canada director for the Obama Foundation and deputy minister in the Ministry of Global Affairs. He also worked as a policy advisor to Justin Trudeau when he was prime minister of Canada.
Sunak is also well-known in conservative circles. He was a co-founder of the Future Conservative organization, one of Canada's leading youth conservative organizations. This gives him credibility with party members and makes him familiar with Tory policies.
Sunak has also been vocal about his beliefs about Brexit. He believes that Brexit issues are essential to how populism can work to change politics for the better. He is optimistic about the potential for populism to change British politics and wants to learn from those successes.
Overall, Sunak is a well-qualified candidate who has experience in government and knows about Tory policies. He is also known for his beliefs in populism, which makes him a good fit for the Tory leadership race.
What makes Liz Truss a good candidate?
Liz Truss is a good candidate for Tory leadership because she has experience in both the government and the private sector. She has served as Secretary of State for Justice, which is a critical position in the government. She also served as the CEO of a company, which gave her experience in running a business.
Tory membership is growing more diverse than ever before, and Liz Truss is perfect for representing this diversity. She is a woman and a Hindu, two groups that comprise a significant part of Tory's membership. Liz Truss also has strong conservative views, which are essential to many Tories.
Tory leadership frontrunner Rishi Sunak clashed with Treasury minister Liz Truss in their fiercest clash over tax, as the two traded accusations of "weak" and "irresponsible" government. In a televised hustings forum, Sunak accused the Conservative Party of being too slow to introduce tax cuts and warned that they risked losing their mandate to govern if they did not embrace radical reform. Truss fired back, accusing Sunak of scaremongering and attacking Tory values. The contest is now entering its final stages and will come down to whether or not voters are persuaded by either candidate's vision for the future.
The heated exchange between the two candidates came as Conservative members voted in a secret ballot for their preferred candidate to take over from Boris Johnson as party leader.
With so many Conservatives divided over how best to handle Brexit negotiations and other vital issues, it will be interesting to see who emerges as the clear frontrunner.