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Saturday, August 2, 2025
WorldLabour has no plans to raise income taxes

Date:

Labour has no plans to raise income taxes

Reeves is asked if she believes Labour can close all of the tax loopholes necessary to fund public services.

She asserts that “there’s an awful lot you can get,” including windfall taxes, the global minimum rate of corporation tax, and changes to non-dom status proposed by Labour.

She says: “The Tories keep coming back to working people and asking them to pay more and do little to close these loopholes that mean some of most wealthy people and businesses in society are still not paying their fair share.”

She adds: “That is the difference between what Jeremy Hunt will be doing on Thursday and what I would be doing if I was Chancellor of the Exchequer.”

Asked if that’s a guarantee that Labour would not put income taxes up, she says: “I’m not going to write my manifesto for the Labour Party on this programme but I’ve got no plans to increase income tax.”

 

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