Labour should extend their planned tax on the family home to properties worth £400,000 in the North of England, according to a senior party figure.
This would mean 210,000 more families being hit by Labour’s homes tax.
Claire Reynolds, a senior Labour figure and a councillor in Tameside, Greater Manchester, is quoted in the Sunday Express (10th Aug 2014) saying plans to limit the tax to homes worth at least £2million were “ludicrous”.
She said ‘mansions’ were available for £400,000 in parts of Greater Manchester.
Labour have always denied that their homes tax would be expanded to include more and more families, but this shows the idea is being openly discussed.
At a conference of the Labour-supporting Progress think tank, Reynolds urged Labour to “squeeze the rich in a number of ways” including extending their planned homes tax to even more families:
“In the North there are people who could be paying more and aren’t… In Stalybridge I haven’t seen a house advertised at over £500,000 and we’ve got really nice mansions. There are six, seven, eight-bedroom houses there, and you can buy them…for about £400,000.
At the same conference, Mrs Reynolds also called for an increase in inheritance tax, saying: “Why be scared of it - they’re dead?”
Labour’s out-of-control welfare system created a culture of dependency which promoted welfare at the expense of work.
Under their system, some people were claiming £104,000 a year of hardworking taxpayers’ money in housing benefit to live in expensive areas.
Since we came into office, we’ve been building a welfare system that provides a safety net for those in need, while rewarding those who want to work hard and get on in life.
We’ve capped benefits so no family can claim more than the average family gets by going out to work and we’ve put an end to unlimited housing benefit.
But Labour haven’t learnt their lesson.
They voted against our housing benefit cap, they voted against our overall cap on benefits and they still plan to borrow and spend more by restoring the spare room subsidy – landing future generations with more debt than they can ever hope to repay.
To everyone who wants to achieve the dream of owning their own home, the Conservatives have a clear message: we’re on your side.
Labour’s Great Recession led to a collapse in homebuilding and froze many people out of the housing market.
That’s why, as part of our long-term economic plan, we launched Help to Buy – to help thousands of families get on the housing ladder and achieve their dream of owning their own home.
And it’s working: new figures show that nearly 40,000 people have bought their own home thanks to the scheme.
Moreover, 80 per cent of those benefitting are first-time buyers – who can now enjoy security and a better quality of life in their own home.
When they were in government, Labour raised taxes over 100 times, hitting hardworking families hard. And they still haven’t learned.
While the Conservatives have cut income tax for over 25 million people, Labour are planning a raft of new taxes and tax rises for after the next election:
- A rise in National Insurance – a tax on jobs (Source: Observer, 20 April 2014).
- Higher fuel duty Ed Miliband opposed the Conservatives’ fuel duty stabiliser – (Labour Press Conference Q&A, 11 January 2011).
- A graduate tax- Emily Thornberry MP, Shadow Attorney General: ‘I am in favour, Ed Miliband is in favour, many of us are in favour of the idea of a graduate tax. That has always been what we wanted to do’ (Daily Politics, BBC Two, 2 April 2014).
- A new tax on the family home (Source: Ed Miliband’s Speech in Bedford, 14 February 2013).
- A new tax on pensions (Source: BBC News, 20 September 2013; HM Treasury, Budget 2013, March 2013, Table 2.1).
- A new death tax (Source: Andy Burnham, Daily Telegraph, 30 July 2014).
- Higher council tax Chris Williamson, then Labour’s Shadow Local Government Minister, attacked the Consevatives’ council tax freeze as ‘a gimmick’ (Hansard, 17 January 2011, Col. 531).
- A rise in corporation tax (Source: Financial Times, 24 September 2013).
- A new shop tax (Source: Mail on Sunday, 8 June 2014, link).
- A new business tax for firms in well off towns and cities (Source: Mail on Sunday, 8 June 2014, link).
- A new tax on farms (Mail on Sunday, 8 June 2014, link).
- A tax on football fans Labour have announced plans for a 5 per cent levy on television money from Premier League clubs (Labour Press Release, 24 July 2014).
Time after time Ed Miliband has shown he’s too weak to stand up to union bosses - refusing to condemn strikes that disrupt the lives of millions.
And, as this graphic shows, the union bosses who fund the Labour Party are also choosing their policies - with a shopping list of demands that could cost every taxpayer £5,500 in more borrowing and higher taxes:
These demands would put everything achieved by our long-term economic plan at risk, making hardworking taxpayers less financially secure and leaving our children with more debt than they can ever pay.
There are two certainties in life: death and Labour taxes – and now Labour want to combine both.
Andy Burnham, Labour’s Shadow Health Secretary, says he wants to ‘embrace’ a 15% death tax – hitting people’s plans to pass on their hard-earned money to their loved ones.
Estimates based on official figures show that Labour’s latest proposed tax would cost the average taxpayer £46,000 – forcing thousands of people to sell their homes.
It comes just two weeks after Labour denied planning new tax rises – showing once again that you can’t trust a word they say.
It’s same old Labour: saying one thing, doing another – and hitting hardworking people with more taxes.
We’re fixing our immigration system so that it puts the British people first.
Labour’s no-questions-asked welfare system drew immigrants to Britain for the wrong reasons – regardless of whether they wanted to work hard and contribute to our society. And unforgivably, we had the highest rates of immigration in modern history at the same time as five million people on out-of-work benefits.
But the Conservatives are turning this around by:
1) Closing down bogus colleges
We’ve already closed down 750 and are now going even further. If 10 per cent of the students that any college recruits are refused visas, we’ll strip that college of its licence.
2) Cutting benefits for immigrants
We’re making sure people come for the right reasons. That’s why we’re cutting the time immigrants can claim out-of-work benefits from six months to three months.
3) Ensuring the British people get a fair deal
We’re restricting the practice of advertising job vacancies in Europe but not in Britain, so the British people aren’t disadvantaged in the jobs market.
It’s all part of our long-term plan to build a welfare system that rewards work; an education system that gives young people the skills they need to get on in life; and an immigration system that puts the British people first.
That plan is turning our economy around – and securing a better future for Britain.
Today was a major milestone for Britain.
New figures show the economy is now above its pre-crisis peak.
Labour’s Great Recession shrank the economy by 7.2 per cent and cost Britain six years.
But the Conservatives’ long-term economic plan is getting Britain back on track and the IMF say our economy is now growing faster than any major advanced economy.
A growing economy means businesses creating jobs so more people have the financial security of a pay packet to provide for themselves and their families.
Thank goodness we didn’t listen to Ed Balls.
Only last year Labour’s Shadow Chancellor said our plan ‘is not working’ and we ‘should have U-turned on the plan’ (BBC News, 20 March 2013).
It’s yet another thing Labour have got wrong. They wrecked the economy when they were in government; said the recovery would never happen; and now have no plan besides more spending, more taxes and more debt than future generations can ever hope to pay off.
We owe it to hardworking taxpayers to keep working through our long-term economic plan and not repeat the mistakes of the past.
That’s the only way we’ll secure a stronger, healthier economy, and a better future for Britain.
Harriet Harman, Labour’s Deputy Leader, has finally let the cat out of the bag: Labour want to raise your taxes.
In a radio interview, she said:
‘Yes I think people on middle incomes should contribute more through their taxes’
(Source: LBC phone-in, 14th July 2014)
Ed Miliband has defined those on middle incomes as “people either side” of £26,000 a year (Source: Ed Miliband, BBC Breakfast, 28 February 2011). So Harriet Harman’s confession means that millions of hardworking taxpayers would pay the price for a Labour Party that hasn’t learnt its lesson.
Labour want you to foot the bill for their plans to spend more and borrow more - and they’ve floated a number of tax rises if they win the next election:
- A new tax on the family home (Source: Ed Miliband’s Speech in Bedford, 14 February 2013)
- A rise in National Insurance (Source: Observer, 20 April 2014)
- Higher fuel duty (Source: Ed Miliband, Labour Press Conference Q&A, 11 January 2011)
- A new tax on farms (Source: Mail on Sunday, 8 June 2014)
- A graduate tax (Source: Emily Thornberry MP on Daily Politics, BBC Two, 2 April 2014)
- A rise in corporation tax (Source: Financial Times, 24 September 2013).
- A new tax on pensions (Source: Liberal Conspiracy, 20 September 2013; HM Treasury, Budget 2013, March 2013, Table 2.1).
When they were in government, Labour raised taxes by £1,400 per family (Source: IFS, Tax and Benefit reform under Labour, p.24, 7 April 2010).
By contrast, the Conservatives have frozen fuel duty and cut income tax for 25 million hardworking taxpayers, making families more financially secure.
UPDATE: Conservative Party Chairman Grant Shapps has written to Harriet Harman. Click here to read the letter in full (PDF).