Speaking in Parliament following the Budget on Wednesday 26th November, Dr Ben Spencer highlighted better and fairer ways of reducing child poverty than lifting the two child benefit cap, which can be viewed above.
The Runnymede and Weybridge MP also issues a statement highlighting his concerns over the Government's announcements and the impact it would have on constituents and the country. He said:
Today's Budget hammered home the Government's message that they do not govern for the whole country and cannot be trusted to manage our economy.
Despite the economic challenges we face, and the need for economic growth to fund public services and provide jobs and opportunities, this Government risks economic stagnation by further increasing the already crippling tax burden on many, while increasing the welfare bill in an attempt to appease their own back benches.
Freezing income tax thresholds until 2031 will see everyone pay more, a point acknowledged by the Chancellor today.
Taxes on electric vehicles mean those who have followed Government urging to move to greener technologies now face being penalised for that decision.
Those working to save for their future also face further taxation, with National insurance to be applied on salary-sacrificed pension contributions above an annual £2,000 threshold - despite concerns many are already not saving enough for their retirement.
Previous decisions to raise taxes have resulted in UK growth forecasts being downgraded over the next 5 years. It is incomprehensible that this Government's answer is to continue to raise taxes. We need action to reduce tax and boost growth so the UK can again provide opportunities and invest in the services we all rely on.
