Rachel Reeves’ tax raid was a Budget for Benefits St

LAST year, Rachel Reeves put up taxes by £40billion.

It was the biggest tax raid in British history.

Rachel Reeves, Chancellor of the Exchequer, presents the red budget box outside 11 Downing Street.
Tory leader Kemi Badenoch has slammed Rachel Reeves’ BudgetCredit: Alamy

She said it was a one-off.

She promised that she wouldn’t be back for more.

Yesterday she broke that promise.

Her second budget is another tax raid of £26billion.

The Chancellor and Keir Starmer are now responsible for the biggest tax increase by a government since the 1970s.

They are hiking taxes on homes, pensioners, savers and Sun readers — even on milkshakes — and all to pay for extra welfare spending.

Working people will pay more tax — while benefits go up.

Earlier this year Labour abandoned £5billion in welfare savings.

And yesterday they added another £3billion to the bill by scrapping the two-child benefit cap.

Even Labour voters believe it’s only fair that families on welfare should have to make the same choices about having children as everyone else.

This was a budget for Benefits Street.

But Reeves and Keir Starmer are desperate. Their time is running out.

There is another way.

While the Labour Party are now the Welfare Party, the Conservatives are the party of work.

We have identified £47billion in savings, including £23billion from the welfare budget.

And through our Golden Economic Rule, we will allocate half of those savings to cutting the deficit, and use the rest to cut taxes, such as our plan to abolish Stamp Duty on homes.

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A Conservative Government under my leadership will cut spending, cut tax, and back business.

And get Britain working again.

Tory Conservative leader Kemi Badenoch speaking in the House of Commons.
Badenoch has pledged to cut taxes including abolishing Stamp Duty if the Tories regained powerCredit: Sky News

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