Rayner urged Reeves to consider wealth tax rises before spring statement

Contributing sentiments towards policy:

52% : Rayner also proposed raising dividend tax rates for higher earners and targeting property traders who use corporate structures to avoid stamp duty.
50% : Memo from deputy PM to chancellor proposing eight potential measures highlights unease over spending plans Angela Rayner urged Rachel Reeves to consider a series of wealth tax rises, it has been revealed, in a move that underscores growing unease within the government over the chancellor's tight spending plans.
47% : Suggestions included ending inheritance tax relief on shares listed on the smaller Aim stock market, scrapping the £500 dividend tax-free allowance, and freezing the threshold at which the 45p additional income tax rate applies.
45% : The Conservatives seized on the memo as evidence of Labour's instincts on taxation.
43% : The proposals were not adopted, with Reeves opting instead to announce cuts to public spending in March, in line with her self-imposed fiscal rules.

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