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Thread. Tory claims that Labour will increase taxes on every household is a serious fib. We’re going after the elite & asking them to pay a little more. Here is a breakdown of the ways we will raise taxes. [1/4]
Labour will protect all earners with an annual income of £0,000-£79,999 per year. That is the bottom 94% of UK society. Only the richest top 6% of society will be asked to pay more. The few. [2/4]
Rupert Murdoch & The Tories team up at every election to claim Labour will tax your family. And every election, economic experts fact check their fibs, so much so that they are ordered to apologise for their lies. But the apology always comes after the election. Too late [3/4]
The other Tory tactic is to say sums Labour say they’ll raise are too ambitious. But here is the Treasury in their own words admitting just how much reversing Corporation Tax Cuts would raise. And that reversal would still make U.K. Corp Rates competitive, see graph [4/4] Ta ❤️
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