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John McDonnell – No tax rises for those earning under £80,000

Appearing on the Andrew Marr Show, Shadow Chancellor John McDonnell gave his first major interview since Labour’s disappointing performance in Thursday’s local elections. With the party now fully focused on the general election, he outlined his pledges on tax, claiming that a Labour government would not raise tax on any worker earning less than £80,000 a year:

JM: What we’re saying today, anyone earning below £80,000, we’ll be guaranteeing you will not have an increase in income tax or VAT or National Insurance contributions, and for those above £80,000, we’re asking them to pay a modest bit more. Why? To fund our public services. You had Theresa May on last week… you put that very good question to her about nurses. An 11% cut in wages over the last 7 years, some of them having to go to food banks – our nurses – that cannot be right.