Ed Balls grilled Nigel Farage on 'who would benefit most' from Reform UK tax proposals.Source: Good Morning Britain, ITV
Category
🗞
NewsTranscript
00:00Who would gain most from your personal tax proposal?
00:03Somebody on the minimum wage, somebody on average earnings,
00:06or somebody on £95,000 a year?
00:11People on benefits would gain the most,
00:13because, actually, their whole lives would be transformed
00:15by making work... Mr Farage, people on benefits wouldn't benefit
00:18at all from the personal tax allowance,
00:20because they wouldn't be paying any tax.
00:22Who would benefit most, somebody on the minimum wage,
00:24somebody on average earnings, or somebody on £95,000?
00:28The poorest in society would benefit the most.
00:30And when it comes to raising the tax bands...
00:32The answer to the question is... I'm sorry, Mr Farage...
00:35We think it's monstrous. We think it's monstrous.
00:37Facts are important here.
00:39The person who would benefit most from your personal tax proposal
00:43is somebody on £95,000,
00:45who would gain far more than somebody on average earnings,
00:48who would gain much more than somebody on the minimum wage.
00:52Did you not know that?
00:53Not in percentage terms.
00:56Not in percentage terms. No, that's not true.
00:58In actual terms, yes, the more you earn, the more you earn,
01:01even if you do pay tax.
01:02But in percentage terms, those at the bottom would do best.