Rachel Reeves set to ‘tax living daylights’ out of Brits | Politics | News

Shadow Chancellor Sir Mel Stide claimed that the Labor Party will “tax the living daylight from the future of your family”. Sir Mel, who opened the discussion of the conservatives of the opposition day, insisted that “nothing is safe from the tax man under the workers’ government.

He challenged the government to ignore new real estate taxes and insisted that the deputies and the people “deserve answers ında about the plans of the Chancellor after a ruthless speculation of speculation”. Sir Mel said, “The chancellor could not borrow any more and did not show the ability to control expenditures.

“This can only leave taxes, but which taxes will be? Is family houses safe or just a fair game?” “This is not safe under the government government. Not your home, not your pension, not your savings, not your job, not your farm, not just want to transfer to your own children.

“The message could not be clearer to people who work up and down from our country: the worker will always prepare difficult choices.

“They will tax on the future of your family to pay the living daylight and failures.”

During the summer of how to balance the books in the autumn budget of the chancellery, speculation emerged during the summer, NIESR economic thinking tank last month Rachel Reeves’ daily expenditure at 2029-30 revealed £ 41 billion.

The reports suggested that he intended to terminate the exemption from the capital earning tax for more expensive houses, to bring an annual property tax or to make changes in the inheritance tax.

The Shadow Chancellor explained that the taxation of deputies or the taxation of assets was the “way to ruin ve and why it opposed to bring new real estate taxes.

The Prime Minister argued that the changes in private housing aid within the scope of the capital income tax regime will strike as a property owner democracy in the heart of our country, and that people will only be punished for selling and moving home ”.

Authorized, “Net Effects to Open the Real Estate Market” and will be for the fields of movement or shrinkage individuals, he added.

Sir Mel claimed that the annual tax on the houses would be “aspiration tax ve and that he was in the people who managed to enter the staircase of the property.

He said: “What will happen to those who are rich in assets, but those who are poor and cannot pay them? Are they expected to sell?” He said.

In accordance with the existing UK rules, gifts made more than seven years before a person’s death are exempt from the inheritance tax.

Shadow Chancellor opposed any change in the gift regime to increase the obligation against the inheritance tax and said to the MPs: iz We say it is enough. We should not punish parents who want to convey something to their children. ”

However, MPs voted to reject the Toray movement condemning the potential changes in property taxes, and 98 with 335 votes, majority 237.

Treasury Chief Secretary James Murray, the government in front of the budget “will not respond to speculation” and the previous conservative administration will emerge in economic management, he said.

He said: “For more than 14 years, the last government has repeatedly made wrong elections.

“Many prime ministers and many figures adopts a cycle of bows, debts and falls. We will never repeat it.”

“The budget given by the chancellor in November will be carefully evaluated and designed to ensure the balance between making enough money to make people who work better, finance our public services and move the country once again through investment and growth.”

When asked whether the government would look at the welfare changes again, he said that there were measures that passed through the parliament and that it was investigated by the work and pension department.

MPs also voted by the hospitality sector to reject a conservative movement to reject a conservative movement to regret the “government closure, reduction and lack of recruitment by the hospitality sector.