Keir Starmer hints at stocks and shares in the firing line with new tax | Politics | News

Sir Keir Starmer he rejected a “wealth tax”, but considered a “fair way to tax all income”. The Labor leader has announced that he would restore the highest income tax rate of 45p if he became prime minister. Speaking to LBC, he said: “We are looking at how we tax fairly.

“I look at assets on whether and how we tax all different forms of income.

“Of course, some people earn their income from wages, other people earn it from stocks and dividends, and we look at what is a fair way to tax all income, wherever it comes from.”

Host Nick Ferrari wondered if it was a “wealth tax”.

The Labor leader continued: “No, it’s not really a wealth tax. It looks at different forms of income, it’s stocks and shares and dividends.”

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Sir Keir went on to say he has moved Labor to be closer to Sir Tony Blair’s party than the version led by Jeremy Corbyn.

The Labor leader, who was on Corbyn’s top squad, said the party is now offering “center ground, common sense politics”.

The party conference in Liverpool comes to a close on Wednesday with Labor in a buoyant mood following a series of polls on the Tories.

“This is a confident Labor party that has worked hard for the past two years to change our party, remake our party, and people are now looking to the Labor party for the answers to the very difficult questions out there.”

He added: “We are firmly in the center, politics with common sense, practical answers to the challenges facing the country.”

When Sir Keir delivered his keynote speech on Tuesday, the party was forced to take action against MP Rupa Huq after she described Chancellor Kwasi Kwarteng as “superficially” black.

In audio published online from a fringe event at the conference, Ms. Huq can be heard talking about Mr. Kwarteng’s elite school background, before adding that “you wouldn’t know he’s black” if you were listening to him on the radio. .

She then apologized for her “ill-considered comments”.

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