In discussing the need for increased government revenue, she raised the question of why working people are always the ones asked to contribute more. She emphasized that she does not have any spending plans that would require raising £12 billion, so there is no need for a wealth tax or similar measures. She made it clear that there are no plans to raise taxes beyond what has already been stated, as she believes that taxation is not the path to prosperity. Rather, she wants to focus on growing the economy. She also denied the possibility of implementing a wealth tax or any form of “mansion tax”, which have been topics of discussion in recent years.
When asked about the party’s commitment to increasing the top rate of income tax, she confirmed that it has been abandoned. She pointed out that the tax burden is currently at its highest level in decades, and she sees a different approach to funding public services. Instead of relying solely on taxation, she believes in stimulating economic growth and encouraging businesses to invest in Britain. She expressed her intention to involve firms more closely in decision-making processes in Whitehall, moving away from a “minister knows best” approach.
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