No tax increases to be announced by chancellor, Labour minister confirms

Cabinet Office minister Pat McFadden has told Sky News the Labour Party knew they were going to "inherit a difficult situation", but "what we've discovered since taking office a few weeks ago is that things were even worse than we thought".

Mr McFadden refused to confirm exactly how big the "black hole" in the budget is, but said it will require the new government to "take some difficult decisions".

He confirmed that today "is not about tax increases", but rather about spending, insisting that the manifesto pledge to not raise income tax, national insurance, and VAT stand.

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#labour #chancellor #tax

[Likeitorlumpit]

Getting back the £54 million swindled by the Bulgarian family would be a good starter

[colinstevens]

the 20 billion black hole is from what they want to spend not a black hole in the accounts

[shahdrah]

Needs to be a strong push to recoup the vast amounts of money given to cronies and VIP lane candidates and stop funding US proxy wars!
Spend on England, manufacturing, education and NHS and infrastructure.

[Bar_Steward]

yeah, no tax increases, just lots of increases they will call by another name.

[matthewharding-ewts]

gasliting by a politician. No wonder the electorate are sick and tired of the same old rhetoric.

[Danders]

Liers who lie have to make bigger lies to cover all the lies.

[thomaseaves]

There is a massive difference between, “ worse than we thought” and “ worse than we were led to believe”…. this is the key

[rodpeacock]

That doesn’t mean, there will be no new taxes

[davidfoster]

The 401 tonnes of gold Gordon Brown sold at the bottom of the market for 3.5 billion, now worth over 21 billion, would be very useful now.

[Michael-yqut]

Liar, everyone who was paying attention knew this was coming down the line.

[stephenball-qoug]

They said the cuts wont effect the NHS, surely not building hospitals or upgrading them effects the NHS.

[mistergeneration]

Did Rishi throw the election on purpose? 😂

[ricardosmythe]

No tax increases is a far cry from promising no increases in 3 particular types of taxation.

[brianwalker]

This man is a MP who when asked a straight question answers it with a question. Even after their stance during the election, of calling Tories instead of answering questios . They still do the same in power.

[gftjghdt]

They either have to raise taxes or cut services or both, but labour knew all this, but in the election kinda didn't want to mention it

[thomasmorin]

Labour's Asylum policy is to legalise it and rubber stamp 100, 000 .

[militarymodellerpaul]

Labour say this every time they get into power, 700million was canceled by labour so this loss is partly fault too

[nickynooable]

From now on when this government spends anything we want to see the receipts. They need to go public. I want to know where every penny goes. Receipts, receipts, receipts.

[kevinquinlan]

Labour needs to pay off their bankrupt councils.

[TheTwoFingeredBulldog]

Liebour, never trust these thieves, they're all the same.