The chancellor also insists taxes will come down if the government wins the next election, but cannot give a 'cast-iron guarantee' on the timing.
Jeremy Hunt has pledged to cut national insurance again in the autumn 'if we can afford' it. The chancellor has lowered the tax twice since he entered Number 11, which the government says has saved people an average of £900 a year. But speaking at an event in London on Friday, he said 'we're not stopping there', adding: 'If we can afford to go further to responsibly reduce the double tax on work this autumn, that is what I will do.
'It is frankly disgusting to try to scare pensioners by misrepresenting that policy.' He instead claimed Labour had £38bn of unfunded spending pledges for the next parliament that could only be covered by raising taxes. 'Taxes will go up under any future labour government, as sure as night follows day,' the chancellor said. 'But taxes will go down under a Conservative government because we will do the hard work necessary to keep our economy competitive.
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The IMF faces a backlash after warning Jeremy Hunt his tax cuts could push up debtIt took aim at the Chancellor's (pictured) recent two percentage point cut in National Insurance contributions, costing £9billion a year.
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Jeremy Hunt says he tackled Downing St flea problem at 'vast expense'Chancellor Jeremy Hunt lives with his family in the same flat above No11 that was inhabited by Liz Truss during her brief spell as PM.
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