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income tax: conservatives have 'no plans' to raise tax

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income tax: conservatives have 'no plans' to raise tax

image copyrightreuterssenior conservatives have said there are "no plans" to raise income tax if the party wins the general election, in an apparent change of policy.sir michael fallon said high earners had nothing to worry about, while boris johnson said there were "absolutely no plans to raise income tax".it comes after pm theresa may scrapped a 2015 commitment not to raise vat, national insurance or income tax.labour said low earners have had "no guarantee from theresa may" over tax.a conservative party spokesman said: "there is no change to our position on tax, which is made clear in the manifesto."we will always be the party that keeps tax as low as possible and spends the proceeds responsibly."the conservative manifesto had committed the party to keeping tax "as low as possible" but had not ruled out increases in income tax.however, defence secretary sir michael told the daily telegraph that income tax "absolutely" will not rise under a new conservative government. "you've seen our record. we're not in the business of punishing people for getting on, on the contrary we want people to keep more of their earnings," he added.'not a shopping list'foreign secretary mr johnson was then challenged on bbc's newsnight to repeat the promise.he said: "we will bear down on taxation and we have absolutely no plans to raise income tax. our plans are to cut taxes. labour's plans are to put them up."former conservative work and pensions secretary iain duncan smit...