Stamp duty will reportedly be cut in Friday's mini budget
Liz Truss wants to embark on a taxation revolution as she pointed to cuts as the way forward to economic prosperity.
Ms Truss, who has followed the Queen's funeral with a visit to New York for the United Nations General Assembly, said: "The number one thing we need to deliver as a government, and in fact as a country, is economic growth. The Times reported that Mr Kwarteng is also planning to announce a cut in stamp duty in a further attempt to boost growth - although Downing Street refused to comment.
"In order to get that economic growth, Britain has to be competitive. If we put up taxes, if we have arbitrary taxes on energy companies, if we have high corporation tax, we're not going to get that investment and growth..." "We are on the side of delivering a high-wage economy," Ms Truss said, defending the removal of the limit.Russia set to annex huge chunks of occupied Ukraine as Putin's lackeys stoke up fears of nuclear weapons
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