Labour calls mount for Budget wealth taxes despite fears of backfire
4 Articles
4 Articles
Economists caution against ‘simple solutions’ on capital gains tax
Christopher McKeon and Harry Taylor, Press Association Political Staff Economists have cautioned against pursuing “simple solutions” to raising money at next month’s Budget following calls by a Labour donor to increase capital gains tax. Clean energy tycoon Dale Vince, who has previously donated millions to Labour, has reportedly urged ministers to bring capital gains tax […]
Labour Faces Growing Calls for Budget Wealth Taxes Despite Backlash Fears
NewsFinale NewsFinale Journal Pressure is building on Labour to introduce wealth taxes in the Budget, despite warnings that targeting high earners and investors could ultimately reduce government revenues. Dale Vince, the millionaire green-energy businessman and Labour donor, has called for capital gains tax (CGT) to be increased. He argues that raising CGT, while ending interest payments made to […]
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