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The Guardian - UK
The Guardian - UK
Politics

Rachel Reeves still has plenty of options on taxation

Rachel Reeves on the front row at the Labour party conference as Keir Starmer delivers his speech in Liverpool, 30 September.
Rachel Reeves on the front row at the Labour party conference as Keir Starmer delivers his speech in Liverpool, 30 September. Photograph: Victoria Jones/Shutterstock

We are continually told that Rachel Reeves faces a “difficult budget” (Rachel Reeves to lift two-child benefit cap in November budget, 30 September). Really? Is it that difficult for a Labour chancellor to find ways to fund a major reduction in child poverty?

The higher taxes on the gambling industry suggested by Gordon Brown might well be “baked into” the Treasury’s calculations already, but there are many other opportunities available for raising the cash, from closing loopholes and ending tax reliefs to equalising capital gains and income tax.

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