For immediate release
Responding to reports that the triple lock could rise by more than inflation, John O’Connell, chief executive of the TaxPayers' Alliance, said:
“The triple lock is placing unsustainable pressure on the public finances, limiting scope for much needed tax cuts which would benefit everyone.
“While pensioners deserve to be protected from inflation, it is unfair on workers who have been playing catch up with price rises to insist that they fund inflation-busting pension boosts, particularly with the tax burden at a 70-year high.
“Until the government reforms the triple lock to ensure fairness for pensioners and workers alike, tax cuts for all will be harder to afford.”
TPA spokespeople are available for live and pre-recorded broadcast interviews via 07795 084 113 (no texts)
Media contact:
Conor Holohan
Media Campaign Manager, TaxPayers' Alliance
[email protected]
24-hour media hotline: 07795 084 113 (no texts)
Notes to editors:
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Founded in 2004 by Matthew Elliott and Andrew Allum, the TaxPayers' Alliance (TPA) campaigns to reform taxes and public services, cut waste and speak up for British taxpayers. Find out more at www.taxpayersalliance.com.
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TaxPayers' Alliance's advisory council.