Press Release - CONSERVATIVES SAY: NO TO CUTTING VAT.

Kit Malthouse votes against emergency tax cut. Liberal Democrats have today slammed Kit Malthouse for voting against an emergency tax cut in the House of Commons on Wednesday. It comes as over 300 Conservative MPs voted against the measures put forward by the Liberal Democrats to cut VAT from 20% to 17.5%. This proposal would be set to save families an average of £600 each. It would also reduce inflation by keeping prices down in the shops. However, it was blocked after the Conservatives voted it down. Councillor Luigi Gregori, local Lib Dem Parliamentary spokesperson, slammed the local Conservative MP for voting against the tax cut. The Liberal Democrats are calling on the Chancellor Rishi Sunak to immediately bring in an emergency tax cut to help families facing soaring inflation and rising prices. The party is also calling for a windfall tax on the massive profits of oil and gas companies, to fund extra support for the most vulnerable families. Commenting, Luigi Gregori said: "People are struggling with skyrocketing energy bills and rising food and fuel prices. "But the Conservatives have done nothing to help, and instead have blocked our calls for an emergency tax cut. Families and pensioners in deserve better than Kit Malthouse, who voted against tax cuts put forward by the Lib Dems. "The Liberal Democrats are fighting for a better deal for communities being let down and taken for granted by this Conservative government. Our plans for a VAT cut would put money back into people's pockets and boost spending in our high streets to support the economy."