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Sir Keir Starmer was asked by Sky News' political editor Beth Rigby if the changes to inheritance tax and putting VAT on private school fees show the new government is looking to wage a "class war" on wealthier people.
The prime minister said he is "absolutely not" taking part in such action.
He was asked about his position as thousands of farmers protested in Westminster over the changes to inheritance tax - which Sir Keir said will only impact a "typical" case with estates worth more than £3m.
On schools, Sir Keir said: "I do know that people watching this will save hard to send their child to a private school because they think that's the best thing for their child.
"But every single parent wants opportunity and aspiration for their child and up until now, we haven't had the right number of teachers in basic subjects like maths, etc in our state secondary schools. I'm not prepared to tolerate that for our state schools."
Asked if he was disappointed the economy has barely grown since Labour took over, Sir Keir said: "I want those figures to improve. They're not good enough, and I want them to improve."
He added that getting investment into the UK was the best way to get the economy growing.
news.sky.com...