Fuzzy Tax-Cut Plans Show Sunak Far From Ready for Early Election.

The article discusses the budget presented by Jeremy Hunt and its implications for a potential early election in the UK. While there are rumors of an early election, most Tories do not expect Prime Minister Rishi Sunak to call a snap election in May. The Tories plan to include in their manifesto a long-term plan to abolish national insurance contributions and immediate cuts to income tax. They aim to create an ideological divide on the economy with Labour, despite the fact that the Office for Budget Responsibility predicts that the UK tax burden will rise to its highest level since 1948. Some Conservatives have doubts about committing to abolish national insurance, as it may invite accusations of reckless tax-cutting measures from Labour. Overall, the mood in the party is flat as MPs realize that no tax cut or spending trap for Labour is likely to shift the momentum, and voters are seeking change. [Extracted from the article]