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Liz Truss pledges to review tax rates amid cost of living crisis

PM’s remarks pave way for radical overhaul that could include rethinking income tax brackets

  • Politics live – latest updates

Liz Truss has vowed to review all tax rates to help struggling households and businesses through the cost of living crisis, in her latest break from Treasury orthodoxy.

The prime minister’s remarks, on her first foreign trip to the US, pave the way for a radical overhaul of the system that could include looking again at income tax brackets.

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