Labour should stick to manifesto pledge on tax, deputy leader says
Summary
Lucy Powell, the newly elected deputy leader of the Labour Party, urged her party to keep its promise not to raise key taxes, such as National Insurance, Income Tax, and VAT. Chancellor Rachel Reeves is expected to announce tax increases in the upcoming Budget. Powell also highlighted the need to lift the two-child benefit cap to address child poverty.Key Facts
- Lucy Powell was elected Labour's deputy leader last month.
- Powell advocates sticking to the Labour manifesto pledge of not raising key taxes.
- The Labour Party promised not to increase taxes on National Insurance, Income Tax, and VAT before last year's general election.
- Chancellor Rachel Reeves may need to raise taxes by up to £30 billion to meet financial targets.
- Powell emphasized the need for the public to trust Labour by keeping their election promises.
- Powell called for the removal of the two-child benefit cap to help reduce child poverty.
- Removing the cap might cost around £3.5 billion a year.
- The government faces pressure from MPs and campaigners to change or remove the benefit cap.
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