https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚨" title="Police cars revolving light" aria-label="Emoji: Police cars revolving light">internal Treasury documents reveal tax rise plans to pay for expected economic hit

Officials discussing:

- raising income tax, VAT, national insurance
- freezing public sector pay for 2 years
- scrapping pensions triple lock https://twitter.com/gordonrayner/status/1260299297519800330">https://twitter.com/gordonray...

Among proposals already costed in documents presented to the Chancellor:

- Officials have calculated that a two-year freeze on public sector pay could save the government about £6.5bn in 2023-24

- Putting up basic income tax rate from 20% to 21% would raise about £5bn a year