Starmer Drops Hints About Possible Tax Rises for Shareholders and Asset Owners
Starmer Drops Hints About Possible Tax Rises for Shareholders and Asset Owners
Keir Starmer, the UK Prime Minister, has hinted at possible tax rises for shareholders and asset owners, saying they do not fit his definition of 'working people.'** Starmer's comments come as his government is expected to raise capital gains tax on the sale of shares and other assets by several percentage points. The Labour party has promised 'not to increase taxes on working people' in its manifesto, but the definition of a 'working person' has not been entirely clear. Starmer has faced backlash after saying that someone who earned income from stocks and shares did not fit his definition of a working person. **The government is expected to fix the foundations, including a ÂŁ22 billion black hole, and rebuild the country after making difficult decisions in the budget.