Prospect of breaking 50-year income tax taboo shows scale of Reeves’s challenge

The GuardianTuesday, November 4, 2025 at 6:32:41 PM
Prospect of breaking 50-year income tax taboo shows scale of Reeves’s challenge
The chancellor is considering breaking a long-standing taboo on income tax, believing that voters might accept a broken promise if it leads to significant investment. This move echoes past efforts, like those of Denis Healey in 1975, aimed at addressing economic crises.
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