Rachel Reeves supports National Insurance cut but warns of rising tax burden

Rachel Reeves has told LBC that the decision to cut National Insurance "was the right thing to do", but warned it "won't make up for the rising tax burden on working people ". Speaking to LBC's Iain Dale, the Shadow Chancellor said she has previously campaigned against rises in National Insurance , a tax on " working people ".

If elected into power, the Labour government would keep today's National Insurance cut (two per cent), and will vote in favour of legislation passing it through, Ms Reeves told LBC. “Taxes on working people have gone up very sharply. in fact, if you add up all the tax increase on personal taxation - income tax and national insurance it’s equivalent to a 10p rise in NI," she said. "What he did today was a 2p cut, but of course that doesn’t cancel the 10p rise." As for the Chancellor's Autumn Statement as a whole, Ms Reeves said it represents the Tories' "eleventh growth plan in 13 years

Rachel Reeves National Insurance Tax Burden Working People Labour Government Legislation Tax Increase Chancellor Autumn Statement Tories Growth Plan

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