Keir Starmer emphasized that his definition of 'working people' does not include those who earn substantial income from shares or property, indicating potential tax rises for them.
While discussing potential tax increases, Starmer mentioned that working people are those who primarily earn their living through work, rather than relying on asset income or investments.
The government is reportedly facing pressure to clarify its stance on tax increases, particularly concerning its promise not to raise taxes on working individuals.
Starmer indicated that significant decisions regarding capital gains tax will be necessary, suggesting an impending increase that could affect higher earners significantly.
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