The Conservatives are formulating plans to introduce sharp increases on taxes on air travel and gas-guzzling cars, it has emerged.
According to 'The Daily Telegraph', the Tories' transport policy review group is investigating the hikes which could be offset by cuts in council tax, VAT and National Insurance contributions.
It is believed that under the plans, long-haul air passenger duty would rise from £20 to £100, while European travellers would see taxes increase from £5 to £20.
In addition, drivers of so-called gas-guzzling cars could see increased motoring taxes of up to £1000 a year.
To offset the hikes, council tax would be halved, NI contributions would be reduced by 3% and VAT would see a 2.5% fall.
The plans are being championed by Steve Norris, head of the party's transport policy review group and former Conservative candidate for mayor of London.
Last week, the Liberal Democrats unveiled plans to introduce an air tax based on the emissions of each plane as well as graduated vehicle excise duty based on carbon emissions.
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