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Rachel Reeves won’t dismiss potential for more tax increases post-election if Labour uncovers financial gap

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May 29, 2024
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Shadow chancellor Rachel Reeves has declined to rule out the possibility of tax rises beyond income tax, national insurance, and corporation tax if Labour discovers a financial deficit in the public finances upon entering government. In an interview, Reeves avoided questions about the potential state of the government’s books if Labour were to win the election and how the party would generate the…

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