Keir Starmer says he will reverse tax cut for top earners if he wins next election
Labour will reverse the cut in the higher rate of income tax if it wins power at the next election, Sir Keir Starmer has said. © Reuters Keir Starmer and deputy leader Angela Rayner after her speech Around 660,000 of the highest earners on more than £150,000 will benefit from the scrapping of the 45p rate, getting back on average £10,000 a year. © Other Asked if Labour would reintroduce the 45% rate, Sir Keir told the BBC's Sunday With Laura Kuenssberg programme: "Yes".
London (Reuters) - The new British finance minister Kwasi Kwarteng tilts the highest income tax rate of 45 percent even in its own ranks. © Reuters/Hannah McKay The British Prime Minister Liz Truss and the Finance Minister Kwasi Kwarteng at the annual congress of the Conservative Party in Birmingham, Great Britain
The Lenke project from the actual plans to cope with the current challenges, Kwarteng said on Monday. Therefore, the top tax rate is not abolished. "We understood and we listened."
Kwarteng recently presented an extensive package with aid to catch the high energy prices and tax cuts with the aim of driving up the growth of the British economy. However, the financing of the package remained open, which caused turbulence at the financial markets. Members of the government tried to calm investors. It was only on Sunday that Prime Minister Liz Truss, who has been in office for almost four weeks, confirmed the plans. The package had to be announced quickly because you should have acted. However, she could have done more to prepare the floor for the project, admitted Truss.
In particular, the planned abolition of the top tax rate of 45 percent had caused resentment in their own party: the conservatives could be viewed as the party, which lowers taxes for the richest, while it does little for the weakest.
(Report by Kate Holton and Kylie Maclellan, written by Kerstin Dörr. If you have any questions, please contact our editorial team at [email protected] (for politics and economy) or [email protected] (for companies and Markets)
Property tax 2022: Angers among the most expensive major cities in France .
The average property tax rate in France is 39.43 % © Pixabay / Geralt The property tax is very high in Angers for the owners. Illustration Immobilier - The average property tax rate in France is 39.43% The last National Observatory of Fone Taxes of the National Union of Real Estate Highlights reports bad news for owners based in Angers ( Maine-et-Loire ).