David Davis interview following no confidence vote on Prime Minister

The video discusses the impact of recent tax increases and the need for economic growth to address the cost of living crisis. It proposes cutting National Insurance and corporation tax to stimulate investment and growth. The speaker argues against the notion that tax cuts are inflationary, attributing inflation to excessive money printing, especially during COVID-19. The focus is on reversing stagflation by boosting growth and investment.

What is the primary reason given for reversing tax increases?

• To boost economic growth and solve the cost of living crisis

• To reduce government spending

• To increase government revenue

• To increase inflation

Which tax is mentioned as affecting people's pockets directly?

• Property tax

• National Insurance

• Value Added Tax

• Income tax

What economic condition is described as a combination of low growth and high inflation?

• Recession

• Hyperinflation

• Deflation

• Stagflation

What is identified as the main cause of inflation in the third section?

• High taxes

• Printing money

• Government spending

• Trade deficits

What past event is mentioned as a reason for the increase in money supply?

• The 1970s oil crisis

• The beginning of COVID

• The Brexit referendum

• The financial crisis of 2008