This article is from the source 'guardian' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.theguardian.com/politics/2018/nov/01/labour-mps-table-amendment-objecting-to-partys-tax-cut-stance
The article has changed 7 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Labour MPs table amendment objecting to party's tax cut stance | Labour MPs table amendment objecting to party's tax cut stance |
(about 3 hours later) | |
Labour MPs concerned about John McDonnell’s support for tax cuts for higher earners have tabled a budget amendment that would force the government to publish an assessment of its impact on child poverty. | Labour MPs concerned about John McDonnell’s support for tax cuts for higher earners have tabled a budget amendment that would force the government to publish an assessment of its impact on child poverty. |
The shadow chancellor sparked a backlash on his party’s benches earlier this week when he said Labour would not reverse a £2.7bn giveaway to higher earners. | The shadow chancellor sparked a backlash on his party’s benches earlier this week when he said Labour would not reverse a £2.7bn giveaway to higher earners. |
With Jeremy Corbyn tabling his own amendment, setting out Labour’s policy of taxing the top 5% of earners more heavily, the backbench version is unlikely to be selected for debate. | With Jeremy Corbyn tabling his own amendment, setting out Labour’s policy of taxing the top 5% of earners more heavily, the backbench version is unlikely to be selected for debate. |
But the MPs, who include Alison McGovern, Stella Creasy, David Lammy and Lisa Nandy, are keen to put on record their objections to the policy. | But the MPs, who include Alison McGovern, Stella Creasy, David Lammy and Lisa Nandy, are keen to put on record their objections to the policy. |
Nandy wrote in LabourList that the government’s claim austerity was “coming to an end” should allow her party to be “much bolder about our opposition to these political choices, campaigning against austerity and highlighting its crushing impact on so many people who do not have a voice. Now is the time to roar.” | Nandy wrote in LabourList that the government’s claim austerity was “coming to an end” should allow her party to be “much bolder about our opposition to these political choices, campaigning against austerity and highlighting its crushing impact on so many people who do not have a voice. Now is the time to roar.” |
Other senior MPs including former leadership candidates Andy Burnham and Yvette Cooper have also opposed Labour’s stance. | Other senior MPs including former leadership candidates Andy Burnham and Yvette Cooper have also opposed Labour’s stance. |
Parliament is considering the budget on Thursday – and the backbenchers are keen that their party’s leadership does not allow the tax cuts to go ahead without demanding a vote. | Parliament is considering the budget on Thursday – and the backbenchers are keen that their party’s leadership does not allow the tax cuts to go ahead without demanding a vote. |
McGovern said: “This policy is very expensive. It cost the best part of £3bn in one year. There are several progressive choices that we could make to use that money to make a genuine difference in unlocking better incomes for those in poverty.” | McGovern said: “This policy is very expensive. It cost the best part of £3bn in one year. There are several progressive choices that we could make to use that money to make a genuine difference in unlocking better incomes for those in poverty.” |
Philip Hammond announced in Monday’s budget that he would bring forward Conservative manifesto pledges to raise the income tax personal allowance, and the higher rate threshold, in April 2019. The benefit of the changes goes overwhelmingly to higher earners. | Philip Hammond announced in Monday’s budget that he would bring forward Conservative manifesto pledges to raise the income tax personal allowance, and the higher rate threshold, in April 2019. The benefit of the changes goes overwhelmingly to higher earners. |
Asked about the policy in interviews on Tuesday, McDonnell surprised many in his own party by saying Labour would not reverse it if it came to power in a general election in the next few months, because he did not want to “take money out of people’s pockets”. | Asked about the policy in interviews on Tuesday, McDonnell surprised many in his own party by saying Labour would not reverse it if it came to power in a general election in the next few months, because he did not want to “take money out of people’s pockets”. |
Jonathan Reynolds, from Labour’s Treasury team, defended McDonnell’s stance, pointing out that some of the beneficiaries would be headteachers and other middle-earners hit by austerity. | Jonathan Reynolds, from Labour’s Treasury team, defended McDonnell’s stance, pointing out that some of the beneficiaries would be headteachers and other middle-earners hit by austerity. |
“We oppose the budget and will vote against it, but we’re not going to promise to reverse the tax threshold changes because we already have better policy for a fully progressive tax system, and we’ve promised to only raise income taxes for the top 5% of earners.” | “We oppose the budget and will vote against it, but we’re not going to promise to reverse the tax threshold changes because we already have better policy for a fully progressive tax system, and we’ve promised to only raise income taxes for the top 5% of earners.” |
Last year’s Labour manifesto promised that only the top 5% of earners, and corporations, would be targeted for tax increases, to fund costly spending pledges including the abolition of student tuition fees. | Last year’s Labour manifesto promised that only the top 5% of earners, and corporations, would be targeted for tax increases, to fund costly spending pledges including the abolition of student tuition fees. |
Labour | Labour |
Labour party leadership | Labour party leadership |
Budget 2018 | Budget 2018 |
Tax and spending | Tax and spending |
John McDonnell | John McDonnell |
Jeremy Corbyn | Jeremy Corbyn |
Budget | |
news | news |
Share on Facebook | Share on Facebook |
Share on Twitter | Share on Twitter |
Share via Email | Share via Email |
Share on LinkedIn | Share on LinkedIn |
Share on Pinterest | Share on Pinterest |
Share on Google+ | Share on Google+ |
Share on WhatsApp | Share on WhatsApp |
Share on Messenger | Share on Messenger |
Reuse this content | Reuse this content |