Could a wealth tax work in the UK? A visual guide
by Antonio Voce, Alex Clark and Ashley Kirk from on (#6ZBWD)
Rachel Reeves is under pressure to consider a new levy to help balance the books. We look at her options
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A rise in taxation at the autumn budget looks inevitable, as Rachel Reeves grapples with 40bn hole in the public finances.
That figure comes from a recent report by the National Institute of Economic and Social Research (NIESR), which blames the deficit on higher-than-expected borrowing levels and a weaker growth outlook for the UK economy.
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