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Leader of Britain's Reform UK party unveils manifesto with populist pledges

Nigel Farage presents vision for wide-ranging tax cuts, increased spending and radical shift in Britain's economic policy

10:16 - 18/06/2024 Salı
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File photo
File photo

Britain's Reform UK party leader Nigel Farage launched its manifesto Monday, which he described as a “contract” with the British public, outlining a series of populist pledges aimed at capturing support in Labour heartlands.

Speaking in Merthyr Tydfil, south Wales, Farage presented a vision for wide-ranging tax cuts, increased spending and a radical shift in Britain's economic policy.

Among the key policies is the abolition of the net zero plan, a move expected to stir significant debate given the current global emphasis on climate action.

Additionally, Farage proposed life imprisonment for convicted drug dealers, reflecting a tough-on-crime stance that resonates with many social conservatives.

The tax cut proposals are particularly ambitious.

They include raising the minimum income tax threshold to £20,000 ($25,412) a year, abolishing the stamp duty and eliminating inheritance tax for estates valued under £2 million.

Farage also plans to reduce the corporation tax rate from 25% to 20%.

To fund these measures, Reform UK plans to raise £40 billion by reducing the interest paid on Bank of England reserves.

Farage insists that the proposed changes would most benefit those "trapped on benefits," claiming the policies would provide significant relief for lower-income individuals.

The manifesto also includes social conservative policies, such as a 25% transferable marriage tax allowance and a tax-free income of up to £25,000 for each spouse, aimed at supporting married couples.

The choice of Merthyr Tydfil's Gurnos district for the manifesto launch was symbolic.

Historically known for its deprivation, the area is currently experiencing economic improvement, reflecting the party's focus on regions needing revitalization.

Farage described the town as “skint” (broke) and “in real trouble,” advocating for a “slimmed-down public sector” that still maintains essential services.

He previously expressed confidence that the party could secure more than 6 million votes in the upcoming general election.

The assertion follows a YouGov poll that, for the first time, placed Reform UK ahead of the Conservative Party by a percentage point.

He emphasized the growing "momentum" behind Reform UK, suggesting the surge in support is now being reflected in the polls.

#Merthyr Tydfil
#Nigel Farage
#Reform UK
#UK
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