Raising the starting rate of income tax from £12,570 to £20,000 would lift seven million workers out of paying the levy altogether and save each person £1,500 - although the party admits this would cost several billion pounds
Farage threat to Tories grows with 46% of their voters wanting Reform allianceRaising the starting rate of income tax from £12,570 to £20,000 would lift seven million workers out of paying the levy altogether and save each person £1,500 - although the party admits this would cost several billion pounds
Another fiscal policy, which will be detailed in Reform’s “contract” with voters to be launched next week, to abolish inheritance tax for all estates worth under £2m is backed by 55 per cent, versus 15 per cent who were against. “There is very strong evidence that kids who are brought up” in a stable family environment “do better in life,” Mr Farage added.
He added: “We have got a radical plan to reduce the tax burden so that someone who is a staff nurse should not be paying tax. So we will up that threshold of 20,000
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