Starmer's comments have ignited debate over who qualifies as 'working people,' stating that only those earning a monthly cheque fit this definition, not landlords or shareholders.
The upcoming Budget promises the largest increase in taxes since 1993, targeting crucial areas like capital gains, inheritance tax, and employer contributions to pension funds.
Starmer reassured that despite impending tax hikes, global investors maintain confidence in the UK's economic landscape, attributing this to ongoing fiscal management and reforms.
As Labour's strategy aims to close a £22 billion fiscal deficit, the Prime Minister emphasizes their approach is substantive and not merely performative.
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