www.independent.co.uk
Martin Lewis has weighed in on whether Labour’s Shadow Chancellor, Rachel Reeves, broke the party’s manifesto pledge against raising taxes for those earning under £12,570. While Lewis didn’t definitively state she did break the pledge, he highlighted that some Labour policies, such as potential changes to capital gains tax and dividend taxation, would likely impact a segment of the population earning below that threshold. He emphasized the complexity of these financial policies and the unintended consequences they might have on lower-income earners, thereby questioning the spirit, if not the strict letter, of the manifesto promise.
