I think it's a great move and I would love to see it go further. I take your point on asking whether Britain can afford to cut taxes but I reckon it will be fu

I think it's a great move and I would love to see it go further. I take your point on asking whether Britain can afford to cut taxes but I reckon it will be funded by removing pension tax relief: It costs around £34 billion per year [1]. By this, I mean that the treasury loses out on £34 billion a year. The solution will be to tax income as normal, no pension tax relief but to allow zero tax on the pension drawdown at the other end. From the current chancellors point of view it's a win-win: He gets an additional £34 billion a year and the problem of zero tax at retirement age becomes someone elses issue. [1] - https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/503200/PEN6__2001-02_to_2014-15___for_publication.pdf https://www.gov.uk/government/uploads/system/uploads/attachm...