Rachel Reeves’ visit comes less than a month before voters go to the polls in a parliamentary by-election in Blackpool South
Labour is set to accuse the Government of “insulting the intelligence of hard-working families” with another attack on the Conservatives’ economic record.
“Under the Tory tax double whammy, for every extra £10 people are set to pay in higher tax they are only going to get £5 back, and the average household will still be £870 worse off. Working people can see through the Tories’ tax con. It’s giving with one hand and taking with another.”The figures are based on forecasts from the Office for Budget Responsibility which show tax rises from frozen personal allowances will amount to £41.
Treasury minister Bim Afolami said: “Because of the progress we have made, the economy is turning a corner. This has meant Rishi Sunak and the Conservatives have been able to afford tax cuts – putting £900 back in the pockets of the average worker. “This will result in a simpler tax system which rewards and incentivises hard work. Despite all their talk Labour have no plan to cut the burden of tax. Instead, their plans for unfunded spending and their 2030 decarbonisation promise would mean thousands in extra tax for working families taking them back to square one.”
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