• Shadow health secretary Jon Ashworth confirmed the tax raid on the well off 
  • Speculation has suggested Labour could impose 45p rate on £80,000 earners 
  • The party plans dramatic increases in spending on the NHS and infrastructure 
  • But Labour is facing claims its sums do not add up as it hits only 5% of workers  

Tim Sculthorpe, Deputy Political Editor For Mailonline

Labour has admitted it wants to raise an extra £4.5billion from workers earning £80,000 to fund Jeremy Corbyn‘s spending spree.

The admission has triggered speculation Labour will slash the threshold for the top 45p rate to £80,000 and re-impose a 50p rate of income tax. 

The idea was not denied by Labour today as sources on the shadow Treasury team insisted it would not comment on ‘speculation’. 

Mr Corbyn outlined plans to spend an extra £37billion on the NHS at a speech to the Royal College of Nursing today. 

Labour has admitted it wants to raise an extra £4.5billion from workers earning £80,000 to fund a spending spree by Jeremy Corbyn (pictured in Liverpool today)

Labour has admitted it wants to raise an extra £4.5billion from workers earning £80,000 to fund a spending spree by Jeremy Corbyn (pictured in Liverpool today)

Labour has admitted it wants to raise an extra £4.5billion from workers earning £80,000 to fund a spending spree by Jeremy Corbyn (pictured in Liverpool today)

Mr Corbyn outlined plans to spend an extra £37billion on the NHS at a speech to the Royal College of Nursing today (pictured) 

Mr Corbyn outlined plans to spend an extra £37billion on the NHS at a speech to the Royal College of Nursing today (pictured) 

Mr Corbyn outlined plans to spend an extra £37billion on the NHS at a speech to the Royal College of Nursing today (pictured) 

Labour will confirm the details of its tax plans when it publishes the final version of its manifesto tomorrow.

Shadow health secretary Jon Ashworth today insisted ‘every penny’ raised in extra income tax would be ploughed into the NHS.

He told the BBC Today programme: ‘I think what you’ll see tomorrow is that when Jeremy Corbyn and John McDonnell outline the manifesto you’ll see them explain how the individual tax bands will work.

‘But I believe, and as I understand it, we will raise something in the region of £4bn to £4.5bn from the income tax changes.’

On ITV’s Good Morning Britain, Mr Ashworth also appeared to confirm that a 50 per cent rate will be introduced for the highest earners.

Shadow health secretary Jon Ashworth today insisted 'every penny' raised in extra income tax would be ploughed into the NHS (file)

Shadow health secretary Jon Ashworth today insisted 'every penny' raised in extra income tax would be ploughed into the NHS (file)

Shadow health secretary Jon Ashworth today insisted ‘every penny’ raised in extra income tax would be ploughed into the NHS (file)

Presenter Piers Morgan asked him: ‘How much are you going to tax the wealthy? I mean, are you going to go to a 50 per cent income tax?’

Mr Ashworth said: ‘Yeah.’

At the RCN conference in Liverpool, Mr Corbyn said nurses had suffered cuts in the value of their pay over recent years, adding: ‘We will not put you in that position.

‘We will lift the public-sector pay cap and hand back decisions on pay to an independent review body.’

Mr Corbyn said Labour would deliver an additional £7.4 billion a year for the NHS over the course of the next five-year parliament, including a total of £10 billion in capital funding to modernise buildings and IT systems.

This would cut waiting lists by one million by 2022 and allow accident-and-emergency departments to hit their four-hour target for waits, he said.

The Labour leader posed for selfies with nurses at the Royal College of Nursing conference in Liverpool today (pictured) as he vowed to give them a pay rise 

The Labour leader posed for selfies with nurses at the Royal College of Nursing conference in Liverpool today (pictured) as he vowed to give them a pay rise 

The Labour leader posed for selfies with nurses at the Royal College of Nursing conference in Liverpool today (pictured) as he vowed to give them a pay rise 

Mr Corbyn was given a standing ovation for his plans, which have prompted speculation about a dramatic rise in income tax for higher earners under Labour 

Mr Corbyn was given a standing ovation for his plans, which have prompted speculation about a dramatic rise in income tax for higher earners under Labour 

Mr Corbyn was given a standing ovation for his plans, which have prompted speculation about a dramatic rise in income tax for higher earners under Labour 

He also said he would restore training bursaries for nurses.

‘We are ready to step in and save the NHS from the cuts and privatisation that have happened over the last seven years,’ said Mr Corbyn.

‘Our health service is being dismantled by stealth. Over the last seven years, our NHS has been driven into crisis after crisis.

‘A&E departments struggling to cope. Waiting lists soaring. And – as we saw last week – the Tory cuts have exposed patient services to cyber-attack.’

Speaking on the campaign trail in Oxfordshire today Prime Minster Theresa May said Labour would ‘wreck the economy’, which would mean less money for the NHS.

Prime Minster Theresa May (pictured campaigning in Oxfordshire today) said Labour would 'wreck the economy', which would mean less money for the NHS

Prime Minster Theresa May (pictured campaigning in Oxfordshire today) said Labour would 'wreck the economy', which would mean less money for the NHS

Prime Minster Theresa May (pictured campaigning in Oxfordshire today) said Labour would ‘wreck the economy’, which would mean less money for the NHS

Mrs May blasted the Labour plans after meeting graduates at Tech Pixies, a digital marketing start-up company in Oxfordshire (pictured) 

Mrs May blasted the Labour plans after meeting graduates at Tech Pixies, a digital marketing start-up company in Oxfordshire (pictured) 

Mrs May blasted the Labour plans after meeting graduates at Tech Pixies, a digital marketing start-up company in Oxfordshire (pictured) 

She said: ‘What we’ve seen over the last few years under a Conservative government is record amounts of funding going into the National Health Service.

‘We see more doctors in the National Health Service, we see more midwives, more GPs, more nurses in the NHS.

‘The thing about the Labour Party’s proposals is that you have to ask the question: where would the money come from?

‘Because you can only fund the NHS, you can only ensure we have a first class NHS, if we have a strong economy to have the funding to put into the NHS.’

A Labour spokesman told MailOnline: ‘We will be laying out our plans in full in the manifesto on Tuesday.’

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