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EXCLUSIVE: Andy Burnham wonât commit to keeping Labourâs manifesto promises on tax and has opened the door to new tax rises if he becomes PM. His decision to back the current fiscal rules wins him a reprieve from markets, but it limits his options to fund policies like council house-building. It raises the prospect of tax hikes. Asked by Bloomberg if he is committed to Labourâs election manifesto pledges not to raise income tax, national insurance, VAT or corporation tax, his campaign declined to say so. They also didnât rule out new taxes on wealth. Burnhamâs spokesperson says he doesnât want talk about tax policy during this by-election: âAndy is fully focused on working hard for every vote in Makerfield so he can represent them in Parliament. Andy is not standing on a national manifesto at this election; he is standing to make a difference for the people of Makerfield and to bring the change he has delivered in Greater Manchester to the national stage.â Burnham has recently called for the top rate of tax to be hiked to 50p and a council tax reevaluation to target the wealthy. âWe have overtaxed labour and undertaxed wealth,â he said last year. But former Jeremy Hunt SpAd Adam Smith says wealth taxes donât raise sufficient revenue and it is inevitable Burnham will have to look at the big taxes if he is going to implement bolder policies.
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"post_text": "[Target Post]\nEXCLUSIVE: Andy Burnham wonât commit to keeping Labourâs manifesto promises on tax and has opened the door to new tax rises if he becomes PM.\n\nHis decision to back the current fiscal rules wins him a reprieve from markets, but it limits his options to fund policies like council house-building. It raises the prospect of tax hikes. \n\nAsked by Bloomberg if he is committed to Labourâs election manifesto pledges not to raise income tax, national insurance, VAT or corporation tax, his ca"
}Output snapshot
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"has_factual_claims": true
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