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Rachel Reeves ‘under pressure from Labour frontbenchers’ to increase capital gains tax

A Labour frontbencher has left the door open to the social gathering placing up property taxes. 

John Healey, the shadow defence secretary, stated Labour’s plans “do not require us to start looking at raising taxes across the board” however he refused to rule out rises on particular issues like stamp responsibility and capital gains tax. 

Jeremy Hunt, the Chancellor, has unveiled a brand new Tory pledge not to increase capital gains tax, stamp responsibility or the variety of council tax bands and he has challenged Labour to make the identical commitments. 

Mr Healey was requested repeatedly about these particular taxes this morning throughout an interview on Sky News however he failed to rule out Labour placing them up. 

He stated: “We is not going to increase taxes on working individuals. We is not going to increase earnings tax, we is not going to increase VAT, we is not going to increase National Insurance. 

“Our plans, past the particular tax rises and modifications that we set out to pay for our first steps, our plans don’t require us to begin elevating taxes throughout the board.”

Asked if Labour may increase capital gains tax, Mr Healey stated: “Our plans do not require us to start looking at raising…” 

Asked if Labour may increase stamp responsibility, he stated: “We will not raise the taxes that are most important to working people…”

Asked once more about rising stamp responsibility, he stated: “I am not going to go through the list. The taxes that are most important to people – income tax, VAT and National Insurance – will not be raised under a Labour government.” 

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