Labour 'is a long way off' deciding any tax rises on the rich after coronavirus
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mirror.co.ukLabour is "a long way off" deciding any possible tax rises on the rich, leading MPs said today. Shadow Business Minister Lucy Powell declined to say whether or how the party could hike taxes on the wealthiest - including a "wealth tax" on people's assets - to pay for coronavirus.
She told Sky News: "We’re a long way off these kinds of conversations." Shadow Cabinet Office minister Rachel Reeves added now "is not the right time" to raise taxes.
She did not rule out a possible wealth tax in the future. She said: "The priority right now should be on jobs and getting our economy moving.
This is not the right time to be putting up taxes." It comes after the Tories - who themselves haven't ruled out future tax rises - accused Labour of
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