Labour flip-flops over Rishi Sunak’s income tax freeze

Labour flip-flopped over Rishi Sunak‘s income tax freeze today as Lisa Nandy insisted the party’s MPs will vote against the plan.

The Chancellor announced that thresholds are being put on hold until 2026 in his Budget package last week.

The decision will drag two million people deeper into higher bands and help raise £30billion a year in extra revenue by 2025, as the government scrambles to fill the huge black hole in the public finances after Covid.

Shadow chancellor Anneliese Dodds indicated on Wednesday evening that Labour supported the freeze ‘in principle’.

However, the stance was condemned by left-wingers who pointed out that many of those affected will be on low incomes, while the rich will barely notice the difference.  

Mr Sunak has argued that the policy is a ‘progressive’ way to bring in more money with national debt spiralling towards £2.8trillion.

Labour flip-flopped over Rishi Sunak's income tax freeze today as Lisa Nandy insisted the party's MPs will vote against the plan

Labour flip-flopped over Rishi Sunak's income tax freeze today as Lisa Nandy insisted the party's MPs will vote against the plan

Labour flip-flopped over Rishi Sunak’s income tax freeze today as Lisa Nandy insisted the party’s MPs will vote against the plan

The Chancellor announced that thresholds are being put on hold from next month until 2026 in his Budget package last week

The Chancellor announced that thresholds are being put on hold from next month until 2026 in his Budget package last week

The Chancellor announced that thresholds are being put on hold from next month until 2026 in his Budget package last week

Sir Keir Starmer (pictured on a visit last week) has been coming under increasing pressure over his failure to make any dent in the Tory poll lead, which has stretched out amid the fast vaccine rollout

Sir Keir Starmer (pictured on a visit last week) has been coming under increasing pressure over his failure to make any dent in the Tory poll lead, which has stretched out amid the fast vaccine rollout

Sir Keir Starmer (pictured on a visit last week) has been coming under increasing pressure over his failure to make any dent in the Tory poll lead, which has stretched out amid the fast vaccine rollout

But the respected IFS think-tank says it is one of the least progressive methods available. 

In an interview on Sky News’ Ridge on Sunday, shadow foreign secretary Ms Nandy said: ‘We are going to vote against it this week. 

‘We feel that now is absolutely the wrong time to be targeting low-and-middle-income earning families for tax hikes and squeezing their incomes… 

‘We were really concerned when those plans were announced, that what the government was effectively saying was low-and-middle-income earning families would be targeted to start paying into the system a full year before many of those major corporations, because the corporations tax rise doesn’t come in until a year later… 

‘We think this is the wrong thing to do so we’ll be voting against it this week.’ 

Votes on the Budget are taking place this week, but the government has an 80-strong majority and there is little sign of a Tory rebellion.

Sir Keir Starmer has been coming under increasing pressure over his failure to make any dent in the Tory poll lead, which has stretched out amid the fast vaccine rollout.  

 

Research by YouGov last week found Conservative support had surged four points to 45 per cent over the past week - while Keir Starmer's party tumbled to 32 per cent

Research by YouGov last week found Conservative support had surged four points to 45 per cent over the past week - while Keir Starmer's party tumbled to 32 per cent

Research by YouGov last week found Conservative support had surged four points to 45 per cent over the past week – while Keir Starmer’s party tumbled to 32 per cent

Link hienalouca.com

Advertising:

Tips to Find Low Priced Luxury Holiday Package Deals Fast

For most families, it has already been a common practice to spend the Holiday season in a foreign location. This is caused by the aviation market changes which have given a lot of benefits for people who travel a lot. Airfares going to different tourist destinations are becoming more inexpensive. What does this mean? If there is a perfect time to purchase luxury holiday package deals, now it the right time! Based on the market trend nowadays, you can save both money and time when you go for a luxury holiday. There are countless offers that combine travel and accommodation in one package which is a lot cheaper than getting separate deals. Aside from that, it is also risky to individually book the services that you need for the vacation. You might end up missing out on some important details of the trip. Unlike when you take advantage of luxury holiday package deals, you can be sure that everything is organized meticulously and according to what you really need. Nonetheless, you would still need to carefully select the package that would fit your needs. Review the following tips in getting packages that are reasonably priced. · Normally, luxury tour packages include accommodation, flight travel and transportation to individual tourist destinations. It would be best to choose the complete package so you won’t have to worry about other vacation elements. In addition to that, these are the packages that have the biggest discounts. · You can get big mark down prices, if you will purchase more packages. It is not a bad idea to share the wonderful moment with your loved ones. By doing so, you would not only enjoy, you will also save more money. You can even use your savings for other activities on your vacation. · It would be best to know how much you are willing to pay for the luxury tour packages. You can already work around your budget. You have to stick to your budget. If not, you might end up spending a lot and you will be left with less money for your vacation. · Prices may vary depending on the destination of the tour. You can do a research about places that are attractive yet inexpensive. There are thousands of destinations and you just have to choose wisely. · There are packages that include recreational activities. This means that you are paying for all the activities when you purchase these packages. The right thing to do is to make sure that the activities that are included would be the ones that you really enjoy. There is no sense in paying for activities that will not really make your vacation memorable. If you are going with friends, you should also consider their preferences so that you can be sure that everyone will enjoy the trip. There are other ways on how you can be sure that you are getting the best deal for your luxury holiday vacation. No matter how you choose to do it, you have to get adequate information about the packages. This will help you determine whether it is worth the price.

(Total views: 123 Time, 1 visits per day)

Leave a Reply