Farage’s pledges to slash taxes don’t add up, top economists warn
Nigel Farage’s promise to slash taxes if he wins the next general election does not add up, Britain’s top economic think tank has warned. The Reform UK leader on Tuesday touted plans to hike the threshold for paying income tax and restore winter fuel payments for pensioners as he declared the party as the “true party of workers”. But, just hours after the arch-Brexiteer’s speech, the Institute for Fiscal Studies (IFS) said his plans would cost tens of billions of pounds and he had failed to say how they would be funded. Nigel Farage’s tax plans would cost up to £80 billion, the IFS warned More