Chancellor Defends Tax Hikes
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•Budget 2024: Chancellor Rachel Reeves defends £40bn tax rises - 'everything has to be paid for'
75% Informative
Rachel Reeves has defended raising taxes by the highest amount since 1993 .
The chancellor announced 40bn worth of tax rises in Wednesday 's budget.
The lion's share comes from a 25bn increase in employers' National Insurance contributions.
She said she has included everything ministers will spend in forecast forecast.
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