Sunak: Tax cuts a priority Rishi Sunak says cutting taxes will be his "priority" from now on, saying the that he is "not comfortable" with the current tax burden. Asked about his plans for future spending, the Chancellor said: "My ambition is to lower taxes for people. That's what I would like to do.” Mr Sunak said he is “not happy” and “not comfortable” about the fact he has raised taxes by more than any Chancellor since 1993 and noted that it is the result of “an economic shock the likes of which we haven't seen in 300 years.” In an interview with Sky News, the Chancellor would not commit to cutting taxes before the next general election. Asked to give a "yes or no" answer to whether there would be income tax cuts before the next election, he said: "Let's just talk about this Budget rather than all the other ones."