And I observe that for the vast majority of the Labour government we had a top rate of 40 per cent income tax. It’s now higher, and I think we should look to get to a simpler, lower tax system.
LIZ TRUSSWith Anglo-American capitalism increasingly under attack, those who believe in the power of free markets and enterprise to create wealth and social progress must stand up and be counted and champion our way of life.
More Liz Truss Quotes
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We are fighting a Labour Party whose avowed enemy is capitalist bosses, whose instinct is to see income as a common pool resource, and whose leading figures find profit morally repugnant.
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Britain and the US remain the Wild West for ideas, where pioneers push each other towards ever greater heights in the white heat of free enterprise.
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Let’s cut the top rates of stamp duty to enable more movement to take place and also looking at the broader tax reform, simplifying our tax system.
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All of us in Parliament now have a responsibility to get on with the process of leaving the EU and securing a more prosperous future for Britain as an open, global, trading nation.
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From Brompton bikes in Australia to Bentleys in the US – the world wants what Britain has to sell.
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If John McDonnell nationalised whole industries, they would be quickly taken over by bureaucrats more concerned about their careers than about customers.
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Every pound that comes into the Exchequer was earned by someone through hard work, and could have been used for a new car, a holiday or a treat for the children.
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Labour want to control all parts of the economy and society so that they can pursue the politics of envy. It would leave us all paying higher taxes and the economy in tatters.
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If we just had an election which is a kind of desiccated calculation, obviously I think the Conservatives have the best economic plans, but it is about more than that. It is about the overall person.
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I’ve been anxious but not depressed. I’m an incorrigible optimist.
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It’s vital to our economic mission that we fight vested interests, and make sure our country’s opportunities are open to everyone – big or small, north or south, man or woman.
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Britain is the ideas factory of the world and has huge potential to benefit from the next technological revolution.
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I don’t like tokenism. I don’t like the idea that somebody should just appear at a press conference or in a media interview because they are a woman.
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Schools receive 12% more per student for those doing media studies or psychology than they do for those doing maths. You could change that around, made a premium on doing maths.
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The British brand is so popular particularly in the US that they put the union jack flag on top of beer bottles because it sells.
LIZ TRUSS