Pengpai News reporter Nan Boyi Intern Tong Chenliang
After five rounds of voting by Conservative MPs, former British Chancellor Rishi Sunak and Foreign Minister Leeds Truss (Liz Truss) became the two final candidates for the British Conservative Party leader's election, and the final election results will be announced on September 5.
Local time on July 17, 2022, London, UK, Rich Sunak and Leeds Trass, the leader candidates of the Conservative Party, attended the British ITV debate. Visual China Picture
According to the Independent report on July 21, after the fifth round of voting by Conservative MPs on July 20, Sunak won first with 137 votes, Tras ranked second with 113 votes, while Trade Minister Penny Mordaunt won only 105 votes and was eliminated.
"New York Times" report on July 20 pointed out that how to get rid of the shadow of former Prime Minister Boris Johnson (Boris Johnson ) may determine whether Sunak and Tras succeed in the next six weeks of campaign.
Tax Policy
"Hindustan Times" reported on July 20 that in terms of tax policy, Sunak pointed out that former British Prime Minister Margaret Thatcher also raised taxes in 1981 when facing high inflation and economic recession. So Sunak has raised payroll taxes for employers and employees and included more workers in the higher income tax range; for businesses, he proposed plans to increase corporate income tax from 19% to 25% starting next year.
Sunak is very concerned about the impact of rising interest rates and inflation on repaying government bonds. He believes that borrowing will lead to "higher inflation, higher mortgage interest rates, and erosion of savings." "To be honest, borrowing money to get rid of inflation is not a plan, but a fairy tale," Sunak also claimed that once inflation is under control, "responsible" tax cuts will be taken.
Tras is a radical compared to Sunak. She upholds Thatcherism , which is characterized by low taxes and deregulation. Therefore, she said she would vigorously cut taxes to promote economic growth. "As for the crisis we are in, the economic strategy is not bold enough," said Tras. "The economic growth has been slow for decades, and we need to do something different."
" Daily Mail " reported on July 20 that in response to Sunak's tax policy, Tras believes that the government "has gone the wrong direction in terms of taxation, and the tax burden has reached the highest level in 70 years." Therefore, Tras said that after she was elected, she will cancel Sunak's plan to increase payroll and corporate taxes.
cost of living
According to the " Guardian " report on July 21, during the COVID-19 pandemic, Sunak adopted a "fareback" support plan worth billions of pounds to protect work and businesses, and insisted on an increase of 12 billion pounds (about 96.87 billion yuan) of payroll tax to fund medical expenses.
Tras believes that raising wages in public sector will lead to a spiral of wages and prices. She told the Times that she would not bring back austerity. "(Former Prime Minister) Cameron 's government 'cut off unsustainable public spending' from 2010 to 2015. I won't allow this to happen," she said.
The Hindustan Times reported that combined with assistance to poor families and the long-term growth agenda, these policies in Tras will cost more than 30 billion pounds (about 242.175 billion yuan). According to Trass, she will fund her by changing the way she deals with the £311 billion debt she bears during the pandemic. A spokesman for Tras said it would be "considered as a special project that requires long-term repayment" and compared it with the UK's World War II debt.
Economic Policy
According to the Guardian, in terms of economic policy, Sunak promises to "return to traditional conservative economic values." He advocates relaxing financial supervision and providing enterprises with long-term capital . At the same time, the apprenticeship tax must be reformed to increase labor training expenditures.
while Tras advocates reversing the rise in insurance premiums, aiming to fund health care and social security. She hopes to continue the Johnson -style agenda based on low taxes and low regulatory zones.
Environmental Policy
The Guardian reported that in terms of environmental policy, Sunak advocates setting new legal goals, requiring energy independence to be achieved by 2045 at the latest. He is committed to achieving the UK's goal of achieving net zero emissions by 2050 and assured the Conservatives that he will stick to the goal of protecting the environment.
Tras is also committed to achieving the goal of zero net emissions by 2050, but unlike Sunak,Tras will suspend energy taxes.
Editor in charge: Hu Zhenqing Photo editor: Zhu Weihui
Proofreading: Luan Meng
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