iz Truss has claimed Rishi Singh’s plans for the economy will be “catastrophic” for homeowners, businesses and workers just hours before they hit TV for the second time in 24 hours.
The Foreign Secretary, who celebrates her 47th birthday on Tuesday, did not hold back from attacking her former cabinet colleague, telling Sky News that the former chancellor’s tax plans would “stop people wanting to invest in Britain. “.
When told that her economic policy was supported by a minority of economists, Ms Truss insisted her policies were not based on “the number of economists”, adding: “The question is who Right.”
The Tory leadership hopeful was speaking at a campaign event in Sussex, hours before he and the former chancellor go head-to-head in a TalkTV/Sun event at 6pm.
He was asked about the IMF’s new global economic update, which suggests that not cutting taxes and keeping spending down is the way forward.
Ms Truss told Sky News: “Let’s be clear, his (Rishisink’s) plan is to raise taxes.
“He’s planning to raise taxes on corporations, bringing our taxes to the level of France.
“It will deter people who want to invest in the UK. And I know there are a lot of opportunities across the country.
“Less investment means fewer jobs in the future, fewer opportunities, lower wages and lower productivity. So it’s biting our noses in spite of our face.
“The fact is that we promised not to increase National Insurance in our manifesto. I thought it was wrong to do that at the time, and that’s why I will reverse it.
“I also want to put money in people’s pockets.”
She added: “I can quote the OECD (Organisation for Economic Co-operation and Development) which said that our current policy is contractionary.
“And that means it’s going to lead to a recession. A recession is going to be a disaster. It’s going to be a disaster for people who own homes. It’s going to be a disaster for people who go out to work. It will be a disaster for the business operators.
“That’s why I want to keep taxes low, attract investment, get growth. That’s the best way to pay down our debt.”
Tax and economic policy have so far dominated the leadership race.
On Monday night, Mr Sink and Ms Truss trashed each other’s economic plans in a televised BBC debate, with Mr Sink continuing the personal attacks debated by Ms Truss’s allies. During accused of “human rhetoric”.
Mr Sink claimed there was “nothing conservative” about Ms Truss’ approach to tax cuts and borrowing, arguing it gave the party “absolutely no chance” of winning the next election. will
The foreign secretary, in turn, suggested his rival would lead the country into recession and criticized him for raising taxes to “the highest rate in 70 years”.
On China, Ms Truss accused her rival of “pushing closer trade ties” while Mr Sink said “Liz is on a journey” to a point where she opposes closer ties. .
Mr Sink also sought to emphasize his decision to leave Mr Johnson’s government because he acted on his principles, while Ms Truss stressed her loyalty to her current boss.
But both candidates ruled out a job in their cabinet for Mr Johnson, with Ms Truss saying she believed he “needs a well-earned break” before finally adding: “I believe his There will be a role, I am sure they will raise their voice. But they will not be part of the government.
Mr Sink was more direct in his response, saying: “There is no easy answer for me.”
Opinium’s snap poll, based on a sample of 1,032 voters, found that 39% thought Mr Sink did a good job compared to 38% for Ms Truss, but significantly Tory voters favored the Foreign Secretary. Divided 47% to 38%.
With postal ballots set to arrive on the doorsteps of Tory members by August 5, Mr Sink needs to do well in the debates and in a hurry.
Opinion polls and member surveys suggest he trails Ms Truss in the battle to win the card-carrying Conservative vote, with the Foreign Secretary the bookmakers’ favorite to be elected Tory leader on September 5. are
– This debate will be telecast on Sun website and Talk TV from 6 pm onwards.