3 days ago
Figures show Farage's tax plans would benefit the wealthiest
Analysis by The Independent reveals Reform UK's tax plans would disproportionately benefit the wealthiest 10%, who would gain almost four times as much as the poorest 10%.
Reform UK leader Nigel Farage has proposed up to £80bn in unfunded welfare and tax handouts, claiming Reform is the 'party of working people'.
Economists warn Farage 's unfunded pledges could cause economic chaos, with the biggest benefits going to top earners, while those on universal credit may see reduced welfare payments.
The IFS suggests targeting employee national insurance instead of raising the tax-free income allowance, as the latter primarily benefits the upper-middle class and wealthiest.
Sir Keir Starmer criticised Farage 's plans as 'unfunded spending' reminiscent of Liz Truss's policies, while Labour MPs accused Farage of prioritizing the rich and harming working families.
