Jeremy Corbyn Hits Rich With Tax Hike in Radical Pitch for Power

By Robert Hutton and Tim Ross

Labour Party leader Jeremy Corbyn set out the most radical election policy platform from a major U.K. political party in nearly four decades, promising to increase tax revenues by close to 10% per year, fund free university education and care for the elderly.

At the launch of Labour’s manifesto in Birmingham, central England, Corbyn opened his speech with a long attack on his critics, whom he described as “billionaires and vested interests” who are the enemies of ordinary voters.

“They don’t want real change,” Corbyn said. “The system is working just fine for them. It’s rigged in their favor. But it’s not working for you.”

Corbyn has spent much of the four years he has been Labour leader fighting for control of the party from those who advocate more moderate programs. At the launch, it was clear he had won that internal struggle.

Read more at https://www.bloomberg.com/news/articles/2019-11-21