According to the party, there will be 8.5 million income tax-paying seniors in 2023–2024, about twice as many as there were in 2009–2010 (4.5 million).
The quality of retirement has been worse under the Conservatives, according to shadow pensions secretary Liz Kendall.
On Thursday, Ms. Kendall is scheduled to visit elderly residents in Essex, while Mr. Sunak and the Labour leader will be taking a break from their campaigns to attend ceremonies commemorating D-Day.
“Rishi Sunak was recently asked why he hates pensioners,” the woman stated.
It’s easy to understand why, given how severely they have let retirees down, from raising elderly poverty rates to breaching their pledge on it.
With their reckless unmet expenditure pledges and a £46 billion tax black hole that jeopardizes the economy and the state pension’s future, the Tories now represent a fresh threat to the living standards of retirees.
“My message to pensioners at this general election is simple – look at your wallet, look at the quality of your healthcare and look at the lack of housing for your children and grandchildren and ask yourself, is this as good as it gets?”
The party asserts that people having to work later in life and the freezing of income tax thresholds are to blame for the increase in the number of retirees filing income taxes. It further states that Labour will “turn the page on Tory chaos with economic security and political stability.”
