Article 2NN3C Labour looks at new tax bracket for those earning £80k-£150k

Labour looks at new tax bracket for those earning £80k-£150k

by
Jessica Elgot and Peter Walker
from Economics | The Guardian on (#2NN3C)

Shadow chancellor says highest increases would be for top 1%, and only top 5% of earners would face rise

John McDonnell hinted that a Labour government would introduce tax rises on those paying the top rate of tax - at 150,000 and above - and that Labour's biggest tax increases would be reserved for the richest.

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