Rachel Reeves won't promise income tax cuts despite criticising Tories' freeze on thresholds

Contributing sentiments towards policy:

58% : "Her comments mean Labour would consider cutting corporation tax if it was needed to boost the UK's competitive edge.
57% : Jeremy Hunt, the Chancellor, has said income tax thresholds will remain frozen until 2028.
54% : "However she did announce that a Labour government would cap corporation tax at its current rate of 25 per cent for the duration of the next parliament.
53% : Asked at the conference, at the Oval in London, whether she would lift income tax thresholds, Ms Reeves said: "I have made no secret of the fact that I think taxes on working people are too high but I won't make any commitments that are not fully costed and fully funded.
51% : Ms Reeves told businesses that Labour would prize stability for businesses, as she said: "If we expect businesses to invest in Britain, tax rates cannot shoot up and down like a yo-yo according to each political whim."Asked about her about-turn on the bankers bonus cap, she said: "When the Government scrapped the bank bonus cap, we didn't feel that that was the right priority in that Budget.
50% : "The next Labour government will make the pro-business choice and the pro-growth choice: we will cap the headline rate of corporation tax at its current rate of 25 per cent for the next parliament.
47% : As chancellor, Rishi Sunak announced a rise in corporation tax from 19 per cent to the current 25 per cent rate for companies with profits over £250,000.
45% : Speaking at a conference for business leaders, she pledged to cap corporation tax at 25 per cent for five years, if Labour win the next election.

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