https://www.thelondoneconomic.com/politics/jeremy-corbyn-labour-party-wealth-tax-355502/

Jeremy Corbyn, the former Labour leader who was banned from standing as a candidate for the party earlier this year, has taken an almighty swipe at Keir Starmer and Rachel Reeves, after it was confirmed that the pair would not look to implement a wealth tax if elected into office.

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Keir Starmer also confirmed last month that would retain the two-child benefit limit – despite growing calls from poverty campaigners for the cap to be abandoned. The controversial stance has divided politicians within the Labour Party.

It’s another questionable policy u-turn from Starmer, and it hasn’t gone unnoticed by Jeremy Corbyn. The two-time Prime Ministerial candidate ripped into Sir Keir, saying that a wealth tax could easily fund an extension to the two-child cap.

Corbyn also urged his successor to ‘side with those in need’:

“With the money raised from a 1-2% wealth tax on assets over £10 million, we could afford to scrap the two-child benefit cap SEVENTEEN times over. Politics is about choices — and we should be on the side of those in need, not those with greed.” | Jeremy Corbyn

https://www.thelondoneconomic.com/politics/jeremy-corbyn-labour-party-wealth-tax-355502/