On the eve of the Labour government’s first budget, let’s ask: Will Rachel Reeves restore our progressive tax system? (Hint: no.)

Here’s Gary Stevenson:

As you can tell, there’s a lot of scope for modifying tax to add in unearned income.

Will Rachel Reeves take this opportunity?

Doubtful.

We’ve already been told about many other ideas Reeves has been entertaining.

It seems the party that was formed to re-distribute wealth is determined to avoid doing this, no matter what the cost.

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