A cabinet minister indicated that people with modest incomes would be protected from upcoming tax increases, prompting confusion about the definition of 'modest'. During Prime Minister's Questions, Kemi Badenoch urged Sir Keir Starmer to clarify which individuals fall under this protection. The Prime Minister highlighted a focus on working individuals without sufficient savings. The government plans to raise taxes in the upcoming autumn Budget, responding to economic challenges and the inability to meet existing spending rules while ensuring specific tax promises.
Transport Secretary Heidi Alexander claimed that individuals on 'modest' incomes would be shielded from tax increases in upcoming budgets, causing confusion over definitions.
During PMQs, Kemi Badenoch challenged Sir Keir Starmer to clarify who qualifies as 'working people' protected from tax hikes, amidst ongoing confusion from ministers.
The Prime Minister defended the government's prolonged economic strategy, stating they are focusing on aiding people who work hard yet lack savings for significant financial challenges.
The government's anticipated tax hikes are expected due to poor economic performance and challenges meeting self-imposed spending rules, while still making specific assurances on tax policy.
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