Keir Starmer gives away huge hint about Budget tax rises for people with certain incomes

Sir Keir Starmer has signalled potential tax increases for individuals earning from property and shares, hinting at a possible capital gains tax hike in the forthcoming Budget. The Labour leader clarified his stance on what constitutes a 'working person', stating: "Well they wouldn't come within my definition."

Labour has committed to not raising VAT, national insurance, or income tax for working people, a promise both Starmer and Chancellor Rachel Reeves intend to keep. Despite this, there is speculation that Reeves may be considering tax rises and spending cuts totalling up to £40 billion to plug the £22 billion deficit left by the Conservatives and protect public services from further austerity.

Speaking from a Commonwealth summit in Samoa, Starmer remained guarded about specific tax policy details, telling a TV interviewer: "We're going to have to make difficult decisions in the Budget."

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When questioned about whether he would classify himself as a working person, he elaborated: "I would define a working person as somebody who goes out and earns their living, usually paid in a monthly cheque," according to the Mirror.

The Prime Minister further explained: "Who I have in my mind's eye when I make decisions as prime minister are the sorts of working people who go out, work hard, and maybe save a bit of money but don't have the wherewithal to write a check to get out of difficulties if they or their family get into difficulties.", reports Birmingham Live.

He added, "Now that's perhaps who I have in my mind's eye. People who've got that anxiety, if you like, in the bottom of their stomach that says, 'we're doing all right but should