Labour looks at new tax bracket for those earning £80k-£150k
by Jessica Elgot and Peter Walker from 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.
Related: The Guardian view on Labour's manifesto process: get ready for the blame game | Editorial
Continue reading...