Reeves defends fair and necessary' 26bn tax raid after Budget backlash
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Reeves defends fair and necessary' 26bn tax raid after Budget backlash
"From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging."
"Ms Reeves was accused of misleading the public on the state of the country's finances to justify her tax hikes after she insisted she had to make hard choices, despite knowing her deficit had disappeared and she instead had a 4.2bn surplus. But in an interview with The Guardian, Ms Reeves backed her move to bring in 43 separate taxes and freeze income tax thresholds, dragging millions more into paying high tax, saying she was unwilling to make cuts."
The Independent seeks donations to fund on-the-ground reporting of issues such as reproductive rights, climate change, and Big Tech while avoiding paywalls. The outlet states it is trusted across the political spectrum and relies on contributions from those who can afford it. Rachel Reeves defended a £26bn Budget tax package as fair and necessary, arguing the wealthy should contribute more to rebuild public services. The package introduced 43 separate taxes and froze income tax thresholds, bringing millions into higher tax brackets. A previously projected deficit instead became a £4.2bn surplus, and Reeves said she was unwilling to cut public services because voters demanded change and that the burden was about wealth rather than age.
Read at www.independent.co.uk
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