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Tag: income tax

Politics

UK’s Labour says Sunak lied about its tax plans in election debate – Times of India

LONDON: Britain's opposition Labour Party accused Prime Minister Rishi Sunak on Wednesday of lying in a pre-election debate when he said Labour would increase taxes by 2,000 pounds ($2,554.40) for each family. Sunak - whose Conservative Party is struggling in opinion polls before the July 4 vote - used the figure repeatedly in Tuesday's television debate with Labour leader Keir Starmer. Sunak's Conservative Party last month published what it said were "formal Treasury and independent costings" of Labour policies which showed a 38.5-billion-pound black hole over the next four years if Labour wins the election. Labour denied the assertion at the time and on Wednesday, it highlighted a letter from the top official at Britain's finance ministry - reported by the BBC - who said civil servant...