Shadow chancellor John McDonnell lays out plans to prick deficit by targeting corporate tax avoidance and increasing taxes on wealthy
John McDonnell has promised that the deficit can be prick without austerity or spending cuts that are loaded on middle-income earners and the destitute.
In his first conference speech as shadow chancellor,McDonnell won a warm reception when he said austerity was a political choice and not a necessity. He insisted Labours plan to “balance the books will be aggressive”, and appeared to indicate the bulk of the funds will come from higher growth, and ending corporate tax evasion and reducing corporate welfare.
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Source: theguardian.com