{"id":129548,"date":"2022-09-29T23:56:54","date_gmt":"2022-09-29T23:56:54","guid":{"rendered":"https:\/\/fin2me.com\/?p=129548"},"modified":"2022-09-29T23:56:54","modified_gmt":"2022-09-29T23:56:54","slug":"truss-faces-rebellion-from-tory-mps-over-pledge-to-axe-45p-tax-rate","status":"publish","type":"post","link":"https:\/\/fin2me.com\/politics\/truss-faces-rebellion-from-tory-mps-over-pledge-to-axe-45p-tax-rate\/","title":{"rendered":"Truss faces rebellion from Tory MPs over pledge to axe 45p tax rate"},"content":{"rendered":"<h3>Liz Truss grilled on mortgage prices and borrowing<\/h3>\n<p>We use your sign-up to provide content in ways you&#8217;ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info<\/p>\n<p>Tory MPs are threatening to rebel over Liz Truss and Kwasi Kwarteng&#8217;s plan to abolish the 45p tax rate on Britain&#8217;s highest earners, a report has claimed. Backbench Conservative MPs were reportedly left furious after the Government set out its plan in the Chancellor&#8217;s mini-budget last Friday.<\/p>\n<p>According to the Telegraph, MPs claimed the move was &#8220;toxic&#8221; and has a &#8220;high political cost for very little benefit&#8221;.<\/p>\n<p>Tory rebels have suggested they are now preparing to vote down sections of the Finance Bill in a bid to block Ms Truss from scrapping the 45p tax rate.<\/p>\n<p>The broadsheet has indicated that MPs will support amendments which could see the move fail to pass the House of Commons.<\/p>\n<p>One ex-Cabinet Minister said: &#8220;Frustration doesn&rsquo;t come close &ndash; MPs are absolutely furious.&#8221;<\/p>\n<p><strong>JUST IN:&nbsp;&#8216;Immediate general election!&#8217; Petition hits 120k signatures &#8211; parliament debate possible<\/strong><\/p>\n<p><p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/139\/590x\/Furious-Truss-faces-rebellion-from-Tory-MPs-over-Kwarteng-s-pledge-to-axe-45p-tax-rate-1676224.jpg?r=1664494090740\"><\/p>\n<p><p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/139\/590x\/secondary\/Kwasi-Kwarteng-s-minibudget-pledged-to-abolish-the-45p-tax-rate-on-Britain-s-highest-earners-4312672.jpg?r=1664494090752\"><\/p>\n<p>Another added: &#8220;For a Conservative Government to put in jeopardy people&rsquo;s homes and their pensions is unbelievable.&#8221;<\/p>\n<p>However, the Prime Minister has defended her proposals and said her mini-budget showed she was prepared to take &#8220;controversial and difficult decisions&#8221;.<\/p>\n<p>During a morning of interview with BBC local radio stations, Ms Truss added: &#8220;We had to take urgent action to get our economy growing.&#8221;<\/p>\n<p>Ms Truss&#8217; defence of her mini-budget comes as opinion polls suggest the tide is turning towards Sir Keir Starmer&#8217;s Labour Party.<\/p>\n<p><p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/139\/590x\/secondary\/MPs-claimed-the-move-was-toxic-and-has-a-high-political-cost-for-very-little-benefit-4312674.jpg?r=1664494090761\"><\/p>\n<p>A YouGov poll for the Times put Labour a record-breaking 33-points ahead of Ms Truss&#8217; Tories.<\/p>\n<p>Such a lead could result in Labour having a majority of 346 in the Commons and the Conservative Party losing 304 seats, according to Election Maps UK.<\/p>\n<p>In a further blow to Ms Truss, polling experts claim the Labour Party is becoming more popular while Tory support plummets.<\/p>\n<p>Chris Curtis, head of political polling at Opinium, said: &#8220;One final point on the polls right now.<\/p>\n<p><strong>DON&#8217;T MISS<\/strong><br \/><strong>Liz Truss must not let setbacks steer her off economic course&nbsp;[OPINION]<\/strong><br \/><strong>EDF primed for &#8216;critical, immediate boost&#8217; by extending UK reactors&nbsp;[REPORT]<\/strong><br \/><strong>Truss set for emergency talks as mini Budget panic spirals&nbsp;[LATEST]<\/strong><\/p>\n<p><p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/139\/590x\/secondary\/Prime-Minister-Liz-Truss-left-and-Chancellor-Kwasi-Kwarteng-right-4312676.jpg?r=1664494090802\"><\/p>\n<p><p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cdn.images.express.co.uk\/img\/dynamic\/139\/590x\/secondary\/A-YouGov-poll-for-the-Times-put-Labour-a-record-breaking-33-points-ahead-of-Ms-Truss-Tories-4312675.jpg?r=1664494090810\"><\/p>\n<p>&#8220;It is also important to note that Labour&#8217;s numbers are up on a lot of the underlying questions as much as the Tories are down.<\/p>\n<p>&#8220;This isn&#8217;t just a case of the Tories becoming less popular, but also Labour becoming more popular.&#8221;<\/p>\n<p>Source: <a href=\"https:\/\/www.express.co.uk\/news\/politics\/1676224\/liz-truss-tory-rebellion-minibudget-tax-conservative-party-economy-kwasi-kwarteng-ont\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Liz Truss grilled on mortgage prices and borrowing We use your sign-up to provide content in ways you&#8217;ve consented to and to improve our understanding [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":129546,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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