EXCLUSIVE: Rich Scots would be the big winners of Murdo Fraser's tax cuts plan.
A Scots Tory leadership candidate would hand millionaires a £35,000 cash boost under plans to slash taxes for the wealthy. But a part-time worker earning £12,000 would receive nothing if the Murdo Fraser’s proposals were pushed through.
Fraser, who backed Liz Truss for the Tory leadership in 2022, said early in his campaign he wanted a “lower taxed economy”. He clarified his plan to the Record, saying: “I would deliver a tax cut to all Scottish workers so tax rates here at every level were lower than in the rest of the UK.” Scottish politics SNP MSP Kevin Stewart said: “The Tories have shown time and again that they can’t be trusted with our economy or public finances, and this suggestion from a would-be Scottish Tory Leader proves that again.
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