Darren Jones, the shadow chief secretary to the Treasury, told a public meeting funds from the punitive levy should be used to address “intergenerational inequality.” In the leaked recording, the contents of which were first reported by the Daily Telegraph, Jones – who will be responsible for public expenditure if Labour wins the election as widely expected – said there is a “bulk coming through the system of huge amounts of inherited wealth.” The promised tax hike comes in direct contrast to the Reform Party economic agenda which sees tax cuts as the way to stimulate the economy rather than to act to punish people who are successful.They'll tax the street...
Wednesday, July 3, 2024
Tax Time
British Labour goes with the "classics":
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