Chancellor Jeremy Hunt says he would like to bring down taxes - but only if it were fiscally responsible.
He adds he would also like to put more money into public services through growing the economy rather than more funding. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
He adds he would also like to put more money into public services through growing the economy rather than more funding. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00 I want to bring down the tax burden. That is the central divide in British politics.
00:05 A Labour party that is basically happy with tax burden as it is and a Conservative party
00:10 that says no, if we want to be competitive and successful we need to bring down taxes.
00:16 But I would only do so in a way that is responsible and in the budget and the autumn statement
00:21 I was able to reduce taxes without increasing borrowing and without reducing the money available
00:27 for public services. If it is possible to do more in that responsible way then yes I
00:33 would like to. I want to put more money into public services too but the way to do that
00:38 is to grow the economy and I don't accept that it is a choice between money for public
00:43 services or tax cuts. The cuts in national insurance that I announced will mean 200,000
00:49 more people or the equivalent of in work. That will fill around one in five vacancies
00:55 across the economy. That is good for growth. That means more money for the NHS, for the
01:00 police, for teachers, for all our public services.