Labour drafts options for wealth taxes to ‘unlock’ funds for public services
by Anna Isaac City editor from on (#6NP9C)
Exclusive: Sources say changes to inheritance tax and capital gains tax are being discussed
The Labour party has been drawing up options for how it could raise money through extra wealth taxes to help rebuild Britain's public services if it wins the general election, according to sources who have spoken to the Guardian.
The proposals under consideration include increases in capital gains tax (CGT), first revealed by the Guardian two weeks ago, that could raise 8bn.
Continue reading...