Family taxes: Conservative stealth rises have left everyone worse off

EMBARGO: 22:00 Wednesday 5 June

Responding to the Conservative Party's announcement on family tax, Liberal Democrat Treasury Spokesperson Sarah Olney said:

"The Conservatives are fooling absolutely nobody. Their chaos and mismanagement have damaged the economy and left British families worse off, saddling them with £41bn of unfair stealth taxes worth hundreds of pounds for every household.

"Hard-working families deserve so much better. Voters will never forgive the Conservative Party for saddling them with unfair tax hikes and failing to tackle the cost-of-living crisis, while giving tax cuts to the big banks and oil and gas giants."

ENDS

Notes to Editor:

1. In 2028-29 the Conservatives' stealth taxes will cost people £41bn. [OBR Table 3.8]