Business backs lnp promise to trim감성 마사지 the fa파라오 카지노t in tax cuts Read more
But Cameron said: “The truth is that even the chancellor should know that in order to raise £3.6bn a year we would need to cut tax in order to raise £8.5bn a year.”
The Treasury estimates that by 2019 the deficit would be $20.4bn, of which over $7bn is expected to come from tax cuts.
The chancellor is due to meet business leaders in Brussels on Friday and Saturday to outline his plan to cut the deficit.
But Tory MP Andrew Rosindell, the party’s chairman, said Cameron’s plan was “irresponsible and a poor recipe영양출장샵 for a stable economy”.
He added: “If you want people to continue paying their mortgage, pay their utility bills and go about their daily lives you have to get a good balance between raising taxes and cutting public spending in order to do it.
“I’m concerned that on his watch the tax team will find it difficult to deliver the savings the Chancellor is seeking.”