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British Opposition Labor Party opposes lowering top income tax rate | Reuters

The leader of the UK’s largest opposition Labor Party, Keir Starmer, said on September 25 that the government had announced a cut to the top income tax rate, criticizing that tax cuts for the wealthy would not lead to economic growth. announced that it would return to %. FILE PHOTO: Reuters/Henry Nicholls

[リバプール 25日 ロイター] – Britain’s largest opposition Labor Party leader Keir Starmer said on the 25th that the government announced a cut to the top income tax rate, criticizing that tax cuts for the wealthy would not lead to economic growth, and the top tax rate to 45%. announced that it would return to

Finance Minister Kwartengu on Tuesday announced a plan to cut taxes and increase the issuance of government bonds. As a result, turmoil spread in financial markets, and the pound and British bond prices plummeted.

Sturmer told the BBC that there was “a huge political divide” over the tax cuts announced by the Truss government, adding: “The UK economy is being created and driven by a very small group of very wealthy people. Not just workers across the country,” he said.

He said the cut in the top tax rate would mean a £55,000 tax cut for someone with an income of £1 million ($1.09 million), which is very unfair. He announced that he would reverse the Truss administration’s decision.

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