GB News’ Martin Daubney refused to hold back when laying into a Labour MP in the wake of the “high tax” Budget which has clobbered Britons with £26billion of taxes.
Joining Martin in the studio, Natalie Fleet, who serves as the MP for Bolsover, delivered an ardent defence of Rachel Reeves’s Budget after the statement was hit with a slew of criticism.
Blasting the “high tax Budget”, Martin fumed: “It is a record high tax rate. We have now in the UK 38 per cent.
“Never been that high, higher even than under the Conservatives £8.3billion in tax rises by dragging more people into paying higher tax brackets.
“Not a direct increase on the penny on the pound, but more people pay more. Nine million people will be paying more tax.
“Under this budget, 780,000 will be dragged into basic tax from not paying anything at all, and 920,000 dragged into higher tax rates.
“Natalie Fleet, my question to you is simple. The Chancellor, the Prime Minister, the whole Labour Party said you would not be increasing taxes on working people. You told a lie, didn’t you?”
Insistent that Labour did not break a key manifesto promise, she claimed: “We said that we wouldn’t increase income tax, VAT or National Insurance and we haven’t done that today.”
Ms Fleet defended her Chancellor’s Budget
|
GB NEWS
Nevertheless, the Chancellor has been criticised for introducing an income tax “by stealth” by freezing tax thresholds and raising the minimum wage.
Ms Reeves extended the income tax threshold freeze, first introduced under the Tories, pushing 1.7million individuals into higher tax bands by the end of the decade.
The move is set to gather £8.3billion by 2029, forcing 780,000 people to cough up income tax to the state for the first time ever.
“She had three things that she desperately wanted to do. She delivered on them all,” Ms Fleet claimed, running through the triad.
BUDGET LATEST – READ MORE:
Martin accused the Labour MP of lying to the electorate ahead of the election
|
GB NEWS
“She wanted to cut the debt. One pound in every £10 being spent on debt is ridiculous. She wanted to put money into the NHS, sort out the NHS.
“More appointments, more doctors, more nurses.
“Thank God, because we don’t want any more stories of old ladies falling over like they did in my constituency and being left on the floor waiting for an ambulance for 14 hours.”
“Then the cost of living measures were absolutely incredible.
“So this is a Budget that says those with the broadest shoulders will pay the most,” Ms Fleet commented, echoing the words that have been parrotted off by Sir Keir Starmer and Ms Reeves over the past few months.
The Budget also revealed a “mansion tax” will soon become a reality for owners of properties worth more than £2million across Britain.
The dreaded measure has been forecast to generate a staggering £400million by 2031, with the surcharge being expected to apply to the top end of the housing market and added onto existing council tax bills.
This effectively increases charges for owners of high-value properties rather than creating a standalone tax.
Meanwhile, electric car owners, as well as plug-in hybrid cars, will be faced with a new mileage-based levy.