Pensioners £800 a year worse off if Rachel Reeves extends tax thresholds freeze

Contributing sentiments towards policy:

51% : "Freezing allowances is the same as raising income tax rates in terms of the effect on standards of living.
49% : He added: "If Rachel Reeves extends the freeze on personal allowances it will amount to a declaration of war on older people." The research, commissioned by the Liberal Democrats, found that the tax threshold freeze has cost pensioners £41 billion since it was brought in by the Tories in 2023.
46% : "Rachel Reeves once called extending these tax thresholds a policy that would 'hurt working people'.
41% : "The Chancellor must stand by her word, rule out an extension to this outrageous tax freeze at the Budget, and stop hammering pensioners who have already been left out in the cold by skyrocketing energy prices and the disastrous winter fuel payment scandal."
40% : " Mr Reed raised fears that OAPs with no income other than the state pension are set to be dragged into paying income tax due to frozen thresholds.
34% : Dennis Reed, director of over-60s group Silver Voices, said: "This smash and grab tax hike on pensioners must be stopped.
33% : . Lib Dem work and pensions spokesperson Steve Darling said: "This is a stealth tax bombshell that will hit pensioners hard, leaving those affected £800 a year worse off - and Labour is poised to make that nightmare even worse.
29% : Read more: One in five pensioners on low incomes would struggle to pay unexpected £50 bill Campaigners warned that extending the freeze on tax thresholds would break Labour's manifesto pledge not to raise taxes for working people.
25% : "Make no mistake, extending the freeze on lower tax thresholds is a major breach of the Labour manifesto, where no increases in income tax were promised.

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