Rishi Sunak has indicated he will extend emergency support packages as the coronavirus lockdown is unwound, and did not rule out first raising taxes before cutting them ahead of the next election.The Chancellor insisted ahead of Wednesday's Budget that he is in favour of low taxes but said he needs to repair the public finances from the "enormous shock" of the pandemic.He said he does not "recognise" suggestions he told MPs in private that he would raise taxes now before cutting them in a pre-election Budget and said it would be "brave" to predict the situation in three years' time, but he did not rule out the possibility.Labour accused him of "playing politics with the recovery".Sunak said he must "level with people", with Covid having had.