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Keir Starmer says he will reverse tax cut for top earners if he wins next election | Politics News


Sir Keir Starmer said: “Labour will reverse higher income tax cuts if they win power at the next election.

Around 660,000 of the top earners over £150,000 would benefit from scrapping the 45p rate, getting back an average of £10,000 a year.

Asked if Labor would reintroduce the 45% rate, Sir Keir told the BBC’s Sunday program With Laura Kuenssberg: “Yes”.

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He said: “I don’t think the tax cut option for people who are making hundreds of thousands of pounds is the right choice when our economy is struggling like it is right now, working people are struggling. difficult in their way… It was the wrong choice.

“I will reverse the decision they made on Friday.”

However, he said he was in favor of the government cutting the base rate to 19p.

“I have long argued that we should reduce the tax burden on working people,” he said.

“That’s why we opposed the increase in national insurance earlier this year, which of course the government is currently reversing.”

The measures have been announced in Prime Minister Kwasi Kwarteng’s Small Budget on Friday.

Labor has faced pressure to say whether it will reverse the cuts following the policy announcement, with Chancellor Rachel Reeves calling Mr Kwarteng’s growth plan “an admission of 12 years of failure economic failure under successive Conservative governments”.

Speaking to Sophy Ridge on Sky News earlier this morning, Ed Miliband, the shadow secretary for climate change, all confirmed the reversal as he said Labor would be “consistent in our election manifesto.” me with our opposition to the 45p tax cut”.

He said: “Keir Starmer and Rachel Reeves set out tax policy and Keir will talk more about this shortly.

“We think it’s the wrong thing to do for the country.”

However, Andy Burnham, Labor mayor of Greater Manchester, went a step further and said Labor should reverse the base rate income tax cut as well as the cuts for earners. tallest.

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Mr Burnham also said the government had ‘drawn a line’ with ordinary people on a small budget.

He told Sophy Ridge that now is “not the time” for tax cuts and that the billions of dollars spent on them should be used to provide targeted assistance to the most vulnerable.

He called the Conservatives’ small budget a “blatant act of vandalism to the social cohesion of this country”.

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“You have a budget to spend billions of dollars on the richest people in the country and really don’t do anything meaningful to get people through the fall and winter… I can barely believe it.” , he said.

“The government has drawn the lines with those who are working – they have told us which side they are on.”

Mr Burnham said he believed Labor had a realistic chance of coming to Downing Street in the next two years, as he called on his party to unite and work out an alternative plan that people could support.

That optimism was echoed by Sir Keir in his BBC interview. Sir Keir said he chose Labor “out of the picture” after the 2019 general election broke out, which saw the Tories under Boris Johnson win a majority of 80 seats.

He said hope for a Labor government had now turned to faith and that switch was “worth its weight in gold”.

The interview came as Labor members gathered in Liverpool for the party’s annual conference.

In the first announcement of the conference, Mr. Keir I will make a plan today make the UK the world’s leading clean energy superpower by 2030 as an urgent future Labor government priority and to strengthen neighborhood policing.

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