Reeves' Tax Dilemma: Breaking Promises for Budget?
Update: 2025-10-24
Description
Is Labour about to break its tax promise? Chancellor Rachel Reeves is reportedly considering raising income tax in the upcoming Budget to fund spending plans, a move that could impact everyone from minimum wage earners to high flyers. With options limited, Reeves faces a tough choice: hike all rates, target higher earners, or freeze tax thresholds, each with its own risks and political fallout. Find out how these potential changes could affect your wallet and Labour's credibility.
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