Former chancellor says he finds his successor’s accusation ‘amusing’ as he vows to cut income tax by 20%

The Tory leadership candidate Rishi Sunak has rejected accusations from his successor as chancellor of being a “doomster” on the economy, as he pushed his plan to cut income tax by 20% by the end of the decade.

“As chancellor I was very keen to make sure that I started cutting taxes,” Sunak told BBC Radio 4’s Today programme. “What I’ve announced today builds on that, and that’s because I believe in rewarding work and the best way for the government to signal that is to cut people’s income tax.”

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