Labor decreases to exclude wealth tax

Be informed with free updates

Simply register British tax Myft Digest – Delivered directly to your box.

Downing Street, Lord Neil Kinnock refused to refuse to renounce “wealth tax” about the most richest people in Britain that there is a good way to fill a hole in the state finance of such a debtor.

Chancellor Rachel Reeves Despite the exception of a number of taxes of last week, despite the excluding a number of taxes of last week in April this year, despite the exception of last week, increase installation pressure to increase tax pressure to increase taxes.

Kinnock called 2 percent tax assets with more than £ 10 million assets Lift more than £ 10 billion one year. Many Labor MPs called on the rich to increase taxes with the impossible tax or expensive tax or expensive properties of CVEs.

In a briefing with journalists on Monday, a spokesman for Sir Keir Starmer said: “The prime minister said that those with the most widespread shoulders said.”

The reevels asked if he had rejected a new wealth tax, but he could rule out such a debt and said, “I do not intend to write a future budget for you.”

Starmer’s spokesman, Reeves has already raised the tasks for private planes and non-domine. The capital of the budget, which has increased tax rates in the budget and increased taxes in private schools.

Economists estimated that in the fall budget of the Chancellor, the result of 20 billion or more financial holes, the results of the reforms for the government’s well-being and winter fuel payments.

Reeves will be as difficult as the most likely solution by raising any relaxation and admits of any relief and admissions of the parliament.

In 2023, before the general election, he said, “There are no plans for a wealth,” he said in April 2025, he said.

If he was asked by Telegraph, he could reject the increase in wealth taxes in the fall budget, he said, “I can.” He added: “I have been really clear about it several times.

“We are not interested in a wealth tax,” he said. “Our priority is to raise the economy and ensure better and better state finances.”

Reeves annoyed the wealth of the welfare of the Welfare deposit when it argues to be met with more tax taxes.

The treasury is concerned about the go of rich people after the non-DOM rules in the budget of the budget last year and thinks To reduce offers to stop the exits.

Lord Nick MacPherson, former Pre-Permanent Secretary of the Treasury and now the chairman of the private bank C. Hoare & Co., said: “Wealth taxes are great in theory, but never work in practice.”

Added: “Why did a government that lost almost a government on non-domo reforms, pootlooz keys a new front way? Will lose their income and is not a substitute for tax or consumption. “

Former conservative city minister John Glen, this is the “completely predictable” that labor deputies and peers are “completely predicted” they want to increase taxes.

“We need to do our richest creators to feel a part of the economic illiteracy of the economic illiteracy of labor,” he said. “The lack of a serious plan of welfare and decline in welfare and growth forecasts will be taken into account the next wave of wealth taxes.”