Kwasi Kwarteng gives the game away on fossil fuel tax cuts
As highlighted by Tax Justice UK, Kwasi Kwarteng has given the game away on taxing oil companies: Oops, Kwarteng said the quiet part out loud: cutting taxes for fossil fuel giants to l̶o̶w̶e̶r̶ ̶y̶o̶u̶r̶ ̶b̶i̶l̶l̶s push their profits higher. We say tax excess profits, cut bills, build renewables, break free from fossil fuel doom-loops. Agree?Act now: https://t.co/nG1r6GI5pr pic.twitter.com/Gk20tiHixo — Tax Justice UK (@TaxJusticeUK) August 12, 2026 Credit to Faiza Shaheen here for pushing him into admitting this. Tax the profiteers Tax Justice are encouraging people to sign a petition which will ‘raise taxes on companies profiteering from the Iran war’. The…

