Rachel Reeves could raise income tax by 2p in next month’s Budget, Labour insiders say

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RACHEL Reeves is considering slapping 2 pence on income tax in what would be a massive breach of Labour’s manifesto. The Chancellor is thinking of “going big” and raising many billions of pounds with one big tax bomb rather than lots of smaller hikes. She is scrambling to raise about £30 billion to plug her… Published: [#item_custom_pubDate]

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