What would a wealth tax mean for Britain? Ask Chris Blackhurst anything
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Welcome to a special feature, ask me something with me Chris Blackhurst – Independent business commentator.
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It has come back to talk about a leyal tax. And this time, it is pushed from the Labor Party itself, not from the political eaves.
Former party leader Lord Kinnock called for a 2 percent tax for assets above £ 10 million, arguing that it could rise up to £ 11 billion a year and help to increase Britain’s financing. His intervention held discussions on the “asset tax üzerinde on the super -rich.
When five unions now support the idea and Rachel Reeves refuse to exclude anything in front of the Konak home speech, Labour’s direction on the tax policy is under a real study.
I spent for decades of reporting from Square for decades and talking to people who made the British economy return. And a reserve tax from where I sit is not only economically risky, but also a political signal that England is not serious about welfare, investment or growth.
Unlike the rich, popular legend, he does not live in void. They create business, finance philanthropy and help to increase economic confidence. Take them away and not just the painful rich – Exchequer, small businesses and public services that workmanship wants to support. The loss of England is the gain of someone else. There are many countries that have been lined up to convince the rich to settle.
So what’s really going on here? Is a fortune tax a fair way to close Labor’s financial black hole, or is it a dangerous wrong step that can stop Britain’s healing?
Join me 16:00 BST, Wednesday, July 16, While receiving your questions and comments about his new workers’ government about his deeper, taxation and high -betting economic elections.
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