Labor conference begins with focus on ‘immoral’ tax cuts

LONDON (AP) — Britain’s opposition Labor Party opened its annual conference on Sunday, with leaders attacking the new Conservative government’s “immoral” tax cuts.

The event, which is taking place this year in the northern city of Liverpool, kicked off two days after the UK government, under new Prime Minister Liz Truss, said it would scrap a rate of 45% tax on Britain’s highest earners and would press ahead with plans to boost growth.

Labor has seized on the tax cut as a crucial issue for beleaguered Britons battling the worst rise in the cost of living in decades. “I don’t think the choice to have tax cuts for those earning hundreds of thousands of pounds is the right choice when our economy is struggling the way it is, working people are struggling the way they are,” he said. said Labor leader Keir. Starmer told the BBC.

Andy Burnham, the mayor of Manchester, one of the UK’s biggest cities, said the policy was “immoral”.

Labor suffered a crushing defeat in the last general election in 2019 under former leader Jeremy Corbyn and are using this conference as a way to reposition themselves as a credible government-in-waiting.

Starmer said there was now ‘belief in a Labor government’ among an electorate facing soaring energy bills that have helped push inflation to 9.9% while workers don’t get only modest pay raises.

He has pledged to reverse the income tax cut for the wealthiest Britons and hit energy producers for a windfall tax on windfall profits. He also said his government would invest in green energy to accelerate the transition from fossil fuels.

Truss’ government rejected a windfall tax, while subsidizing consumer and business energy bills. The subsidies are expected to cost taxpayers more than 150 billion pounds ($166 billion).

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