Five key takeaways from the UK’s tax-and-spending budget Chancellor Rachel Reeves announced a freeze on income tax rises, scrapping the two-child benefit cap and a mansion tax.Share this: Washington millionaires tax: Both sides clash over cuts, future of taxDateOctober 9, 2026In relation toKing 5 NewsIncome tax opponents hope voters will decide ‘millionaires tax’ fateDateJuly 2, 2026In relation toKing 5 NewsHouse approves ‘millionaires tax,’ bill heads to Senate for confirmationDateMarch 10, 2026In relation toKing 5 News