Sir Bill Wiggin, Member of Parliament for North Herefordshire, welcomes the Chancellor of the Exchequer’s Autumn Statement.
The statement provides for some of the largest tax cuts in decades.
These include a 2% reduction in the National Insurance Contributions main rate and an £11 billion tax reduction for businesses.
Not only would 27 million workers benefit from these cuts, but the statement provides the measures that are needed to secure the long-term growth of our economy.
The statement follows a meeting that Sir Bill attended with the Chancellor and MPs from Worcestershire, Herefordshire, Staffordshire and Shropshire this month.
Sir Bill commented:
“It is vital that people can choose how to spend their money.
High taxes take that choice away from hardworking individuals.
That is why I have long supported a low tax environment and I am pleased with the tax cuts in the Autumn Statement.”