As he considers the upcoming election, Jeremy Hunt tells Sky News that the “most dynamic” economies typically have the lowest tax rates while speaking at the World Economic Forum in Davos.
Speaking to Sky News outside the World Economic Forum in Davos, Jeremy Hunt expressed his hope for tax reduction even though he has not yet seen the fiscal figures ahead of the March event.
“I look around the world and I see that the parts of the world like the United States, like Asia, that are growing the fastest, have the most dynamic economies, tend to be places with lower taxes,” he stated.
And for that reason, we made a clear tax cut in the autumn statement.
“So my priority in the budget will be growth – because if I can grow the economy, that will mean that then we have more money for the NHS, we can relieve the pressure on families, we can invest in our brilliant armed forces.”
Because he wanted to stay in London to vote on the Rwanda bill in parliament on Wednesday night, the chancellor arrived at the Davos summit later than almost every other prominent political figure. He claimed that renting a private jet would be the only option to get to Davos in time for his meetings on Thursday once the vote was over.
His absence earlier this week has been noted, according to shadow chancellor Rachel Reeves.
