"We shall increase income tax on the better off so that we can help the hundreds of thousands of families now tangled helplessly in the poverty trap by raising the tax threshold and introducing reduced rates of tax for those at the bottom of the ladder. I warn you, there are going to be howls of anguish from the rich. But before you cheer too loudly let me warn you that a lot of you will pay extra taxes too."
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Members of the Parliament of the United KingdomLabour Party (UK) politiciansPeople from LondonAutobiographers from EnglandChancellors of the Exchequer
Original Language: English
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Speech to the Labour Party Conference at Blackpool (1 October 1973)
https://en.wikiquote.org/wiki/Denis_Healey
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Denis Healey
Denis Winston Healey, Baron Healey PC (30 August 1917 – 3 October 2015) was a British Labour Party politician who served as Secretary of State for Defence from 1964 to 1970 and Chancellor of the Exchequer from 1974 to 1979. He was a Member of Parliament for 40 years (from 1952 until his retirement in 1992) and was the last surviving member of the cabinet formed by Harold Wilson after the Labour Party's victory in the 1964 general election.
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