Rachel Reeves says she cannot rule out autumn tax rises after ‘damaging’ week

https://www.theguardian.com/politics/2025/jul/04/rachel-reeves-tax-rises-damaging-week-tears-labour

by Azzadal

34 comments
  1. And there it is. Middle earners, get ready to bend over some more.

  2. >Asked whether she was prepared to rule out tax rises, she said: “I’m not going to, because it would be irresponsible for a chancellor to do that. We took the decisions last year to draw a line under unfunded commitments and economic mismanagement. So we’ll never have to do something like that again. But there are costs to what happened.”

    Meh, I can’t complain about that. It’s less dishonest.

  3. An insane person might think the whole episode was designed purely to soften the ground for raising them because the country’s finances demands it and it’s unpopular.

  4. After a week of defeats to the Labour party, you’d imagine this isn’t the kind of Friday night headline they were hoping for.

  5. But when I voted for Liebour they promised they wouldn’t raise taxes on working people.

  6. Why do they never mention the winter fuel allowance u-turn? Boomers protested out of principle, not need and we have to pay the cost of that too, at significant cost. 1/3 of the cost is WFA.

  7. At least make it on the basic rate so the lower earners start contributing more too

  8. She’s totally incompetent.

    She goes around talking about Sterling like it comes from China or from investors, and that she might run out of it.

    She doesn’t understand the Treasury issues GBP, she talks about her government budget like it’s a household budget.

  9. If there’s one thing you can guarantee with Tories and Labour it’s annual tax increases.

  10. Four more years of this shit show. Sit back Nigel- you really have to do fuck all at this point 

  11. Isn’t there a fairly simple solution to this.

    Wages are low and the welfare budget is high.

    Does it not stand to reason that if people’s wages were higher and people didn’t have to rely on benefits to get by then we would a) generate more income tax and b) have less expenditure on welfare which is subsiding wages. Two birds one stone.

    We can’t afford to increase income tax. People on the basic rate are already struggling with the cost of everything going up and increasing income tax is another additional expense and people on the higher rates are already getting stung.

    The solution to me is to stop using welfare to subsidise wages and let the employers take the fucking hit for once.

    It’s a labour government and they should be protecting the value of our labour not diminishing it. Any tax increases should be targeted at the wealthy, the landowners and big businesses who have been getting away with it for too long

  12. To many big promises borrowed a shit ton of money. Now the penny has dropped and there scrambling and as usual we are the ones that has to pay for there complete incompetence

  13. When I cry, EVERYBODY CRIES

    MWAHAHAHAHA

    (except the rich)

  14. Haha

    No breaks on the benny train, it’ll run us all down.

    Looking forward to seeing yet more of my disposable income fucked away in exchange for me not getting any services from it minus my bins getting collected once a fortnight 

  15. I don’t want reform to win in 2029 but it looks inevitable.

  16. Yay can’t wait to take home less of my hard earned money!

  17. I am ok with tax rises when our money is being used in ways that benefit society as a whole.

    As a middle earner, I keep getting squeezed for more money, while austerity lives on and things just seem to get worse and worse each year. Longer NHS waiting lists, roads that are becoming dangerous to drive on with the amount of pot holes, unchecked mass immigration, housing shortages, a benefits system that is becoming unsustainable, the triple lock that will ensure young people never get a pension themselves, cuts to ISA savings, sky high energy bills, lack of police funding causing specific crimes to rise and go unchecked, prisons full, cost of housing asylum seekers in hotels sky high, the insane Chagos islands deal, lack of investment and growth, rising unemployment… I could go on, it’s so tiring.

    The Tories ruined this country. Labour are doing better but that’s a low bar. There’s such a lack of inspiration. It’s been a year and the labour party are already tearing themselves apart from within. I hope they enjoy the next 4 years because that’s all they’re getting if they don’t sort themselves out fast.

  18. More divided politics. The disabled are being set up to be blamed for the poor policies of successive governments.

  19. Yeah come on. At this point I’ll just leave city work and just earn lower income because most of it goes their fucking way anyway.

  20. Meanwhile, big corporations such as Nando’s and Starbucks are paying little to no corporation tax in the UK. At least, if we had good public services, that would make sense. More and more tax increases. Then, they’ll be the same ones asking, “Why is the hospitality and night-time economy dying?” It’s because no one can afford to go out.

  21. We are gonna have to decide as a country what we want. Ultimately it is not sustainable and the government have done an awful and cowardly job at explaining that, but the public are going to have to accept things have to change as well.

    It can’t just be tax someone else or cut someone elses support etc.

  22. yeh lets just keep doing the same thing we’ve done the last 20 years and hope that this time it finally works

  23. A reminder. A disabled friend on pip has to pay for his prescriptions. My great aunt with two homes and so much money she can’t spend, gets them free.

    Fucking cheek of attacking those who have been assessed as having several health issues that affect many parts of their life.

    Go. After. The. Wealthy. Pensioners. You. Cunts

  24. 20p tax on every bet made in the U.K. let’s see if the house always wins

  25. Bang, there it is. “It ain’t our fault our ideas are shit. Blame the disabled. They won.” Straight from the Tory playbook. Hate down, not up. Tabloids pump filth into the middle class. Feeding them rage and lies.

    “Crippled con artist on PIP buys a Merc. Runs the boiler all summer. Fakes the limp, lives like a king.”

    Bullshit, but they eat up like cornflakes on a Sunday Morning. Keeps eyes off the real scam: Old money. New money. Billionaires playing God. While the disabled get pennies, accusations, side eyes and cold flats.

    And in the background, laughing, the rich staying rich. Untouched by any of this pantomime of bullshit.

  26. Make sure she gets the £5 billion cheque away to Ukraine

  27. “cannot rule out” is the typical cop out answer you give to the media, so nothing of any substance was actually said.

    Doesn’t matter because everyone in here has already decided to overreact

  28. This is what we get for spending millions on benefits

  29. Employers NI increase and frozen tax brackets. We’ve already had the tax rises. 🫠

  30. Should increase tax on rental income like how cgt on residential property has higher tax rate.

  31. Any chance of cutting the hotel and housing bill for illegal arrivals?

    That would save us billions.

  32. They’re absolutely petrified to raise taxes on their billionaire over lords

  33. Don’t come from generational wealth. Worked hard to get middle income. Starting to think working and being productive isn’t worth it.

  34. And she won’t possibly apply them to the right part of the population

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