Labour’s Anneliese Dodds has come out in favour of using wealth taxes to fund the UK’s coronavirus recovery in a key intervention on the government’s handling of the ongoing Covid-19 crisis this morning.
Answering questions after her first major speech as Shadow Chancellor, Dodds said Labour was against “generalised tax rises across the whole of the population” but advised the government to look at wealth taxation.
She said: “For the very, very best off people, quite a bit of their money coming in is derived from wealth. I think we need to have that new settlement and actually the opinion data has indicated that has got a lot of support among the UK population.”
Dodds rejected the idea of extending the current furlough scheme indefinitely, instead reiterating Labour’s support for targeted measures including extending the job retention scheme for specific sectors.
She also said she would not be going to the pub herself this weekend due to childcare issues, but added: “I hope people will be going out to make use of those new opportunities to support local businesses.”