TSSA backs Budget tax rises for wealthy 

TSSA has urged Rachel Reeves to raise taxes in the Budget only on the wealthiest in society and avoid any measures which impact millions who are still struggling with the cost of living. 

The Labour affiliated rail union was reacting after the Chancellor gave a breakfast time speech in Downing Street in which she refused to rule out tax rises ahead of this month’s Budget. 

Commenting, TSSA General Secretary, Maryam Eslamdoust said: “It’s vital that the Budget is true to Labour values and that means the Chancellor doing all she can to help the many millions of people in our society who have been struggling  for too long with the cost of living. 

“This follows the long Tory years of austerity, a chaotic Brexit and economic ineptitude. So, if taxes are to rise to build the country and get the economy moving, that is no bad thing – but it is those with the deepest pockets who should pay more. 

“Any rise in VAT or National Insurance would be counterproductive. Raising income tax on the highest earners, alongside a wealth tax for the richest in the country, is the only way forward. We urge Rachel Reeves to follow that course."