Labour will always take whatever they can. They will pretend it is to punish the rich capitalist fat cat swine and redistribute it to you the poor working stiffs and you will come out a winner if you just keep on voting for them. But that is the biggest, fattest lie ever told. The gap between the rich and poor widens, this is all the proof you need that its the truth. What is more, if you look back over time, you will see that you have been systematically robbed at every step along the way. And not just of your wealth, but your liberty too.
Of course, the Conservatives are no better though. This notion of a "democracy" is an utter joke. You get to vote for Tweedle Dee or Tweedle Dum, but either way the same people (see also:OECD) are pulling the strings and, trust me now, they are not looking out for your interests.