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PM: Labour Will Tax Your Years Of Savings In Weeks

Daily Express

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June 19, 2024

'With inflation under control we can focus on cutting taxes'

- Sam Lister

PM: Labour Will Tax Your Years Of Savings In Weeks

LABOUR will plunder savers' accounts "within weeks" if Sir Keir Starmer seizes power, the PM has warned.

The party has refused to rule out 17 ways to squeeze voters, including taxing their rainy day funds. Rishi Sunak said: "You've saved for years, but if Keir Starmer gets in, he will tax your savings within weeks. That's the £2,094 tax threat posed to your financial security by an unaccountable Labour Government locked into power for a generation by votes for 16 year olds."

The Premier today launches his plan to cut taxes for all ages with £17billion of fully funded reforms.

Speaking ahead of the latest inflation figures being released, Mr Sunak claimed the economy was on the up: "When I became Prime Minister, spiralling inflation was our biggest economic challenge and so I made halving inflation my key priority.

"Now, with inflation back under control, we can focus on cutting taxes and ensuring working people have the financial security they deserve. We believe in lower taxes because people, not governments, make the best decisions about how to spend their money."

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