Friday 20 September 2013

People earning £60,000 'not rich'

Source BBC News@ tienganhvui.com


Rachel ReevesRachel Reeves wants the "focus" of tax to be on people earning £150,000 or more


People earning £60,000 are not "rich" and would not be taxed more under Labour, a senior party figure has said.


According to the Daily Telegraph, Rachel Reeves said Labour would expect the "privileged few" to pay more tax.


The shadow chief secretary to the Treasury is quoted saying taxes would only be increased for those on £150,000 or more a year.


The paper reported Miss Reeves, deputy to shadow chancellor Ed Balls, also wants the minimum wage to rise faster.


"I think the focus should be on those privileged few right at the top, and that's not people earning £50,000 or £60,000 a year," Miss Reeves told the Telegraph.


"We don't have any plans or desire to increase taxes amongst people in that band of income."


A Liberal Democrat document leaked earlier this week suggested that party was considering increasing taxes for people earning more than £50,000.


Senior Lib Dem Vince Cable said the proposal was not government policy and he did not know where it had come from.





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