What's happened
Labour's Shadow Chancellor, Rachel Reeves, has accused the Tory government of implementing a 'tax con' and pledged to close a £430 million tax loophole benefiting the super-rich.
Why it matters
Rachel Reeves' criticism sheds light on the impact of Tory tax policies on British families and highlights the need for tax reform to ensure fairness and transparency in the tax system.
What the papers say
The Mirror reports Rachel Reeves' accusations of a Tory 'tax con' and her pledge to close a tax loophole. The Independent contrasts Labour's tax promises in 1997 with Rachel Reeves' current stance on tax policies.
How we got here
The Tories announced plans to abolish the non-dom tax status, which Labour claims contains loopholes benefiting the wealthiest individuals. Rachel Reeves' criticism comes amid ongoing debates over tax fairness and transparency.
Common question
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Rachel Jane Reeves is a British Labour Party politician serving as Shadow Chancellor of the Duchy of Lancaster and Shadow Minister for the Cabinet Office since 2020. She has been the Member of Parliament for Leeds West since 2010.
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Jeremy Richard Streynsham Hunt is a British politician serving as Member of Parliament for South West Surrey since 2005. A member of the Conservative Party, he served in the Cabinet from 2010 to 2019, most recently as Foreign Secretary from 2018 to 2019.
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The Labour Party is a centre-left political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists and trade unionists.