MOSCOW (Sputnik) — The UK Labour Party will push for the revision of all taxation policies in the country to alleviate the tax burden on the poor and the middle class, Shadow Chancellor of the Exchequer John McDonnell said Monday.
"We are going to do a review of HMRC [Her Majesty's Revenue and Customs], the people who collect the taxes, we are going to review all the range of taxation policies and the whole objective is that the burden is lifted off the middle and low earners and particularly the poorest," McDonnell said, as quoted by Sky News.
His comments came ahead of the first Labour Party conference under far-leftist Jeremy Corbyn's leadership, which is taking place in the city of Brighton.
In July, UK Chancellor of the Exchequer George Osborne, a member of the UK Conservative Party, introduced a new budget plan, stipulating cuts to the welfare system, as well as measures to prevent pay increases of more that 1 percent for public sector workers, in an attempt to eliminate the budget deficit.
