Left-wing group Momentum says Rachel Reeves' rejection of such a levy is 'shameful', while the Tories claim she is 'taking the British people for fools'.
Labour has"no plans for a wealth tax", the shadow chancellor has said - comments described as"shameful" by a left-wing pressure group.
And she confirmed that Labour leader Sir Keir Starmer's previous pledge to increase the 45p top rate of income tax has been ditched.Ms Reeves and her frontbench colleagues will try to grow the economy, she said.
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