Angela Rayner is pushing the Chancellor to increase taxes on savers and high earners, it emerged today.
Exposing deep splits in Keir Starmer's Cabinet, the Deputy Prime Minister wrote to Rachel Reeves proposing eight tax hikes.
They included reinstating the pensions lifetime allowance, changes to dividend taxes, a raid on a million people who pay additional rate income tax and a higher corporation tax level for banks.
The proposals, contained in a secret memo seen by The Telegraph, would raise taxes by between £3billion and £4billion a year, according to estimates in the document.
But the true figure is likely to be higher as not all the measures were costed. Allies of Ms Rayner said she has become exasperated with having to defend spending cuts.
