Corbyn ‘hates wealthy as much as Stalin’

THE Prime Minister compared Jeremy Corbyn to Joseph Stalin last night over his ‘hatred’ of wealth creators.

Boris Johnson accused the Labour leader of vilifying billionaires with a ‘relish and a vindictiveness’ not seen since the Russian dictator persecuted landowners.

He said the Tories would ‘cheer, not sneer’ entrepreneurs if they won the election.

Writing in the Daily Telegraph, he said the only way to pay for ‘world class healthcare and outstanding infrastructure’ was to foster businesses and wealth creators of all sizes. He added: ‘When someone gets up at 5am to get their shop ready; when someone risks their savings on an idea or a new product; when someone has the guts to enter a new market – at home or abroad – we don’t sneer.

‘We cheer for them: because their success is our success; and the tragedy of the modern Labour Party under Jeremy Corbyn is that they detest the profit motive so viscerally – and would raise taxes so wantonly – that they would destroy the very basis of this country’s prosperity. They pretend that their hatred is directed only at certain billionaires – and they point their fingers at individuals with a relish and a vindictiveness not seen since Stalin persecuted the kulaks.’

Mr Johnson said that far from placing the tax burden on the wealthy, Labour ‘would end up putting up taxes on everyone’.

The Labour Party’s 2017 manifesto promised to impose a 45 per cent tax rate on those earning more than £80,000 and a 50 per cent rate above £123,000.