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‘War on wealth creation’: capital gains tax raid would lose government money, Tories argue
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City AM
‘War on wealth creation’: capital gains tax raid would lose government money, Tories argue
A fresh capital gains tax raid on Britain’s wealthiest would ultimately lose the government money, according to new Conservative analysis of Treasury data. Internal government modelling suggests that the top rate of capital gains tax (CGT) is already too high and hiking it further would lead to lower tax receipts. Figures presented to the Labour [...]
28 Aug, 07:17
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