!['Rich must pay more' Britons' hopes and fears for Labour's first budget 'Rich must pay more' Britons' hopes and fears for Labour's first budget](https://cdn.magzter.com/1588175106/1730246255/articles/8QkXZ2BiSSAveHLgPBAsys/RICH-MUST-PAY-MORE-BRITONS-HOPES-AND-FEARS-FOR-LABOURS-FIRST-BUDGET.jpg)
"I worry the wealthy won't be properly taxed yet again."
"Private education should be taxed on top of the VAT, and capital gains tax [CGT] needs to be at least equivalent to income tax. I fear Reeves and Starmer will cave in and lack the resources for meaningful investment in the public realm."
Coult, whose sole income is the state pension, has just lost his £500 winter fuel allowance and has received a £300 income tax bill as the frozen tax thresholds have dragged his state pension into taxable income territory.
"I'm down £800 already," he said. "That's a small price to pay if we get the improvements in public services we desperately need, but I would like to see the wealthy pay a lot more than me."
"Cliff-edge pension rule changes would be dreadfully unfair."
Deejay, a public servant from East Anglia, had been planning to retire next year and take out a tax-free £240,000 lump sum from his pension pot to pay for a house by the sea. Now the 59-year-old worries that Reeves's budget will throw a spanner in the works.
Denne historien er fra October 30, 2024-utgaven av The Guardian.
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Denne historien er fra October 30, 2024-utgaven av The Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Clubs will disappear Grassroots rugby still crying out for help in shadow of Six Nations riches
ou may have noticed that the sports pages are less, well, sporty than they once were.
!['Buckle up and enjoy the ride' Van Dijk calls on Liverpool to calm nerves and relish title race 'Buckle up and enjoy the ride' Van Dijk calls on Liverpool to calm nerves and relish title race](https://reseuro.magzter.com/100x125/articles/21665/1998298/yaVXydqObMBTjt0gHvRsys/BUCKLE-UP-AND-ENJOY-THE-RIDE-VAN-DIJK-CALLS-ON-LIVERPOOL-TO-CALM-NERVES-AND-RELISH-TITLE-RACE.jpg)
'Buckle up and enjoy the ride' Van Dijk calls on Liverpool to calm nerves and relish title race
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Julianne Moore children's book under 'ideology' review in US
Julianne Moore has said it is a \"great shock\" to learn that one of her books has been \"banned by the Trump administration\" from schools serving the children of US military personnel and civilian defence employees.
Rise in teenagers penalised for riding e-scooters
Electric scooters have been blamed for a surge in children being penalised for driving without insurance.
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Push to free Letby 'not right thing to do', says Streeting
Wes Streeting has said \"waging a campaign\" on behalf of Lucy Letby is \"not the right thing to do\".
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Bringing wolves back to Scotland could restore woodland - study
Reintroducing wolves in the Scottish Highlands could lead to an expansion of native woodland, which could take in and store 1m tonnes of carbon dioxide a year, researchers have suggested.