Boris Johnson has pledged to cut income tax for those earning over £50,000 a year if he wins the Conservative leadership race and becomes the UK’s next prime minister.
The former Mayor of London told the Telegraph that he would use the war chest set aside by current Chancellor of the Exchequer Philip Hammond for a no-deal Brexit to raise the 40% tax rate threshold to £80,000. He offered no such improvement for the situation of the less wealthy and maintains that leaving the EU without a deal would not be a calamity for the UK, despite warnings from economists and business leaders across the political spectrum and ignoring the collapse of the UK car industry since 2016.
The Tory leadership race descended into hypocritical farce last week, after a number of contenders admitted drug use despite voting for tougher drug laws while in parliament. Michael Gove in particular has faced calls to pull out of the race after he admitted to using cocaine whilst he was a journalist at The Times, but personally implemented new regulations to prevent people becoming teachers if they have a drug conviction whilst Education Minister.
Boris Johnson has long admitted using cocaine in his past, and whilst Gove’s admission might rule him out of becoming the next prime minister, pollsters believe Boris’ drug use has already been “priced-in” by Tory members, who expect him to behave poorly. He has a history of behaviour that would rule anyone else out of any high office, including for consistently lying whilst a journalist, offering to help friend and convicted fraudster Darius Guppy locate a journalist he wanted to physically assault, and lying about an affair.
US President Donald Trump, himself the focus of a variety of law enforcement investigations over his business practices and taxes, recently backed Johnson to become the next prime minister.
Tory MPs have until 17:00 BST to enter the Conservative leadership race, the winner of which will be elected by 124,000 Conservative Party members and become the next prime minister of the UK.