SUPER-RICH WEALTH TAX COULD NET £24 BILLION
Daily Mirror UK|August 19, 2024
It would fill hole in public finances
GRAHAM HISCOTT
SUPER-RICH WEALTH TAX COULD NET £24 BILLION

A TAX on the super-rich could raise £24billion, enough to fill the black hole in the public finances, a report suggests.

Researchers say the very wealthiest often pay a lower rate of tax than ordinary workers.

Chancellor Rachel Reeves is expected to unveil tax rises at the Budget in October after Labour said it had found a £22bn hole in the public finances.

The Government has already scrapped winter fuel payments for about 10 million pensioners.

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