Matt Rodda for Reading East

Standing up for Reading

Tax Changes

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Labour will create a fairer tax system

Any civilised country that is built on the idea of the common good must have common rules, shared and respected by all its citizens. But in Britain today we risk having one rule for the rich and powerful and another for everybody else.

We all use the same roads and railways. We are protected by our armed forces. When people are really sick, even when they have private healthcare, they so often turn to the NHS. The businesses that create the wealth of our country rely on the schools and universities that educate our young people. We are all in this together. This is the basis of One Nation and civilised society.

 On day one of a Labour Government, we will free families from the burden of the Bedroom Tax. It’s indefensible and it’s cruel.

For too long governments of both parties have not done enough to tackle Tax Evasion and Avoidance. This government has shrugged its shoulders over tax avoidance. It has failed to take action on tax havens. It has failed to lead on tax transparency. It has failed to stop corporations exploiting loopholes to shift their profits offshore. It has failed to tackle abuses which allow supposedly dormant companies to trade with tax impunity. It has failed to end tax scams in the construction industry. It has failed to strengthen HMRC. It has failed to introduce a genuine deterrent to aggressive tax avoidance schemes. That’s why Ed Miliband and Ed Balls have announced an independent, root and branch review of the culture and practice of HMRC when it comes to tax evasion and aggressive tax avoidance.

See our 10 point plan to tackle this issue

 The reason this government has failed is no accident. It has turned a blind eye to tax avoidance because it thinks that so long as a few at the top do well, the country succeeds. It thinks that wealth and power fence people off from responsibility. It thinks the rules only apply to everybody else. But we will act because we have a different vision of how our country succeeds. We believe we build the success of a country through the success of working people

 A Labour government led by Ed Miliband will ensure that the same rules apply to everyone, no matter how rich or how powerful they are. We will govern without fear and without favour.

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