
Chancellor vows to avoid wealth tax
Rachel Reeves has insisted she will not raid the wealth of British households with new taxes this autumn as she grapples with the consequences of Donald Trump’s trade war. In an attempt to quell speculation ahead of her Budget later this year, the Chancellor said capital gains tax would not be …

Stephen White flipped this story into British Politics •23d
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With rising concerns about inequality and the ballooning cost of public services, the idea of introducing a UK wealth tax is back in the spotlight. Targeting the richest members of society, a wealth tax is applied to the total value of an individual’s assets, such as property, investments and …