Tuesday, 16 May 2017

Labour manifesto pledges to tax top earners 'to help the many'

Labour has set out plans to raise an extra £6.4bn a year from the top 5% of earners in the country to pay for "a fairer, more prosperous society for the many, not just the few".
It said the money could be raised by setting the threshold for the 45p rate of income tax at £80,000 instead of £150,000 and introducing a new 50p rate on earnings over £123,000.

Outlining pledges to nationalise water, energy, railways and the Royal Mail, Jeremy Corbyn took aim at Tory leader Theresa May.

SKY     News.