Why Wouldn’t a Wealth Tax Work in Britain?

Pros and cons of a wealth tax

Raising revenue and tackling inequality vs. the risk of capital flight and reduced competitiveness

Why wouldn’t a wealth tax work in Britain?

It could drive wealth overseas and would be a nightmare to administer, so why are so many Labour figures pressing for change? Sean O’Grady looks at the arguments

Labour’s wealth tax would make Britain poorer

Rachel Reeves has one last chance to reverse course and show she will stand up for aspiration

'Labour’s next bright idea is a wealth tax – but it won't work'

A wealth tax will make Britain poorer and accelerate the exodus of the wealthy, says Matthew Lynn.