Rachel Reeves is under pressure from Labour frontbenchers to increase capital gains tax in order to raise more money for public services, according to reports.
The Prime Minister alleged repeatedly during Tuesday night’s televised election debate with Sir Keir Starmer that Labour’s policies would result in tax rises worth £2,000 per household
Mel Stride seized on a 2018 pamphlet written by the shadow chancellor in which she suggested tax relief on pension contributions paid by high earners 'could be restricted'.
The Shadow Chancellor Rachel Reeves (pictured) told the Daily Mail that she would like to see National Insurance and Income Tax come down - but only when the nation's economy had stabilised.
Rachel Reeves has refused to rule out tax rises beyond income tax, national insurance and corporation tax if Labour finds a black hole in the public finances once it enters government.