Labor opposition openly rejects Truss’ announced tax cut for the wealthiest

The general secretary of the British Labour Party, Keir Starmer, has stated this Sunday that if they win the next elections they will repeal the tax cut announced on Friday by the Conservative government led by Liz Truss.

Asked on the BBC whether he would return to the 45 percent income tax on citizens with more than 150,000 pounds a year of income, Starmer has answered with a meridian “yes.” “I don’t think tax cuts for those earning hundreds of thousands of pounds is the right thing to do when our economy has the problems it has and workers have the problems they have (…). It is the wrong option,” he said.

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However, he does support keeping the reduction of the basic income tax rate at 19 percent. “I said long ago that we should reduce the tax burden on working people. That’s why we rejected this year’s social insurance hike and now the government is also backing it down,” he argued.

The Labour mayor of Manchester, Andy Burnham, even accused the government of “drawing a front line” with its proposal. “The Government has drawn a front line with Labour and they have told us which side they are on,” he said. For Burnham, the plan is a “blatant act of vandalism against the social cohesion of this country,” reports Sky News.

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The Labour Party is holding its annual congress in the city of Liverpool this weekend. The congress began Saturday with a minute’s silence for the death of Queen Elizabeth II and singing the British anthem in an apparent effort to distance itself with this patriotism from the previous Labour leader, Jeremy Corbyn, critical of the monarchy.

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